ArcBest (ARCB) chief innovation officer sells 5,450 shares, gifts 1,950
Rhea-AI Filing Summary
ArcBest Corp. executive Dennis L. Anderson II, Chief Innovation Officer, reported multiple transactions in ArcBest common stock on August 11, 2026. He sold 5,450 shares in open-market transactions at weighted average prices around $134.87 and $135.63, and made a bona fide gift of 1,950 shares. The sale prices reflect weighted averages over price ranges disclosed in the footnotes.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 7,400 shares
Net Sell
3 txns
Insider
Anderson Dennis L II
Role
Chief Innovation Officer
Sold
5,450 shs ($737K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share F1 | 3,347 | $134.87 | $451K |
| Sale | Common Stock, par value $0.01 per share F2 | 2,103 | $135.63 | $285K |
| Gift | Common Stock, par value $0.01 per share | 1,950 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 12,697 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.430 to $135.425, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.470 to $135.730, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Key Figures
Shares sold (total): 5,450 shares
First sale block: 3,347 shares at $134.87
Second sale block: 2,103 shares at $135.63
+2 more
5 metrics
Shares sold (total)
5,450 shares
Non-derivative common stock sales on August 11, 2026
First sale block
3,347 shares at $134.87
Weighted average price; trades ranged from $134.430 to $135.425
Second sale block
2,103 shares at $135.63
Weighted average price; trades ranged from $135.470 to $135.730
Shares gifted
1,950 shares
Bona fide gift of common stock on August 11, 2026
Net buy/sell direction
net-sell of 5,450 shares
Transaction summary across reported non-derivative trades
Key Terms
weighted average price, bona fide gift, open market or private transaction
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
FAQ
What insider transactions did ARCB executive Dennis L. Anderson II report on August 11, 2026?
On August 11, 2026, Dennis L. Anderson II reported selling 5,450 ArcBest (ARCB) shares in open-market transactions and gifting 1,950 shares of common stock as a bona fide gift.
Were Dennis L. Anderson II’s ARCB stock sales executed as open-market transactions?
Yes. Both sale transactions are coded “S” and described as a sale in open market or private transaction, with weighted average prices and detailed price ranges provided in accompanying footnotes.
Does the filing indicate that Dennis L. Anderson II used a Rule 10b5-1 plan for these ARCB trades?
The filing’s Rule 10b5-1 checkbox is not marked as using a trading plan (aff_10b5_one is false), and the footnotes do not state that the reported transactions were executed under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.