JB Hunt EVP settles RSUs, shares withheld for tax
HUNT J B TRANSPORT SERVICES INC EVP and COO Nicholas Hobbs reported equity compensation activity involving performance-based restricted stock units and related tax withholding.
Rhea-AI Filing Summary
HUNT J B TRANSPORT SERVICES INC EVP and COO Nicholas Hobbs reported equity compensation activity involving performance-based restricted stock units and related tax withholding. An award of 3,246 restricted stock units settled based on performance, resulting in 2,372 RSUs vesting into common stock and 874 RSUs being forfeited.
To cover tax obligations, 1,100 shares of common stock were withheld at $211.90 per share, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, Hobbs directly holds 93,008 shares of common stock, plus 24,626.8981 shares through a 401(k) account and 168 shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,246 shares exercised/converted
Exercise
5 txns
Insider
Hobbs Nicholas
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock | 3,246 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,372 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,100 | $211.90 | $233K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 0 contracts (Direct);
Common Stock — 93,008 shares (Direct);
Common Stock — 168 shares (Indirect, Spouse);
Common Stock 401(k) — 24,626.8981 shares (Direct)
Footnotes (2)
- F1. Reflects the settlement of an award of performance-based restricted stock units (RSUs) originally granted in January 2023 for shares of common stock upon the partial vesting of such award. The number of shares acquired upon vesting of the award was based on actual performance achieved relative to the target performance levels, which resulted in 2,372 RSUs vesting and being converted into common stock and 874 RSUs being forfeited.
- F2. Reflects shares acquired through 401(k) contributions since January 22, 2026.
Key Figures
RSUs settled: 3,246 units
RSUs vested: 2,372 units
RSUs forfeited: 874 units
+5 more
8 metrics
RSUs settled
3,246 units
Performance-based restricted stock unit award settlement
RSUs vested
2,372 units
Converted into common stock based on achieved performance
RSUs forfeited
874 units
Unvested portion of January 2023 performance award
Tax-withholding shares
1,100 shares
Common stock delivered to satisfy tax liability
Tax-withholding price
$211.90 per share
Value used for shares delivered for tax obligations
Direct common shares post-transaction
93,008 shares
Direct JBHT common stock holding after transactions
401(k) common stock holding
24,626.8981 shares
Common Stock 401(k) position as of the reporting date
Spouse-held indirect shares
168 shares
Common stock held indirectly through spouse
Key Terms
performance-based restricted stock units, RSUs, tax-withholding disposition, 401(k) contributions, +1 more
5 terms
performance-based restricted stock units financial
"Reflects the settlement of an award of performance-based restricted stock units (RSUs) originally granted in January 2023"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
RSUs financial
"which resulted in 2,372 RSUs vesting and being converted into common stock and 874 RSUs being forfeited"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
401(k) contributions financial
"Reflects shares acquired through 401(k) contributions since January 22, 2026"
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did JBHT executive Nicholas Hobbs report in this Form 4?
Nicholas Hobbs reported settlement of a performance-based restricted stock unit award into common stock and related tax withholding. 2,372 RSUs vested into shares, while 874 RSUs were forfeited, and 1,100 shares were withheld to satisfy tax obligations at $211.90 per share.
How many JBHT restricted stock units vested for Nicholas Hobbs?
A total of 2,372 performance-based restricted stock units vested for Nicholas Hobbs and were converted into common stock. This vesting was based on actual performance versus target levels, while 874 RSUs from the same January 2023 award were forfeited under the plan’s terms.
What do the Form 4 footnotes say about Hobbs’ RSU award?
The footnotes explain that a January 2023 performance-based RSU award settled into common stock upon partial vesting. Actual performance versus target caused 2,372 RSUs to vest and convert into shares, while 874 RSUs from the same award were forfeited under the plan’s performance conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
