ArcBest (ARCB) CEO uses 862 shares for tax withholding on equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ArcBest (ARCB) President & CEO Seth Runser reported routine tax-related share dispositions. On May 6 and 7, he had a total of 862 shares of common stock withheld to cover tax liabilities, at prices around $121.80 per share.
After these non-market transactions, he directly holds just under 30,000 shares of ArcBest common stock. The dispositions were coded as tax-withholding events, not open-market sales, reflecting administrative settlement of tax obligations tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RUNSER SETH
Role
President & CEO, ArcBest
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 219 | $121.78 | $27K |
| Tax Withholding | Common Stock, par value $0.01 per share | 643 | $121.82 | $78K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 29,246 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares total: 862 shares
Tax-withholding price May 6: $121.82 per share
Tax-withholding price May 7: $121.78 per share
+1 more
4 metrics
Tax-withholding shares total
862 shares
Common stock delivered for tax liabilities on May 6–7
Tax-withholding price May 6
$121.82 per share
643 shares of common stock on May 6
Tax-withholding price May 7
$121.78 per share
219 shares of common stock on May 7
Holdings after May 7
29,246 shares
Common stock directly held following final reported transaction
Key Terms
tax-withholding disposition, Common Stock, par value $0.01 per share, Form 4, transaction code F
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code F financial
"transaction_code": "F""
FAQ
What insider transactions did ARCB CEO Seth Runser report on this Form 4?
Seth Runser reported two tax-related share dispositions totaling 862 shares of ArcBest common stock. These were coded as F transactions, meaning shares were withheld to satisfy tax liabilities, rather than sold in open-market trades, and were tied to equity compensation events.
Were Seth Runser’s ARCB transactions open-market sales of stock?
No, the Form 4 shows tax-withholding dispositions, not open-market sales. Code F indicates shares were delivered to cover tax obligations associated with equity compensation, so there was no discretionary buying or selling decision in the public market by the CEO.
What does transaction code F mean on Seth Runser’s ARCB Form 4?
Code F indicates "payment of exercise price or tax liability by delivering securities." For ArcBest CEO Seth Runser, it means the reported share dispositions were used to cover tax obligations from equity compensation, rather than reflecting elective buying or selling in the open market.