JB Hunt (NASDAQ: JBHT) director shifts 37,856 shares from trust to direct
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUNT J B TRANSPORT SERVICES INC director James L. Robo reported an internal restructuring of his JBHT share holdings. On May 28, 2026, he and his spouse withdrew 37,856 shares of common stock from a grantor retained annuity trust and contributed cash to the trust equal to the shares’ value, based on the average of the high and low trading prices that day. This shifted ownership from indirect to direct, leaving him with 80,113 shares held directly and 37,575 shares held indirectly through the trust. The filing states he views this as a change in form of beneficial ownership exempt under Rule 16a-13.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ROBO JAMES L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 37,856 | $270.24 | $10.23M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 80,113 shares (Direct, null);
Common Stock — 37,575 shares (Indirect, By grantor retained annuity trust)
Footnotes (1)
- [object Object]
Key Figures
Shares shifted from trust: 37,856 shares
Implied transaction price: $270.24 per share
Direct holdings after transaction: 80,113 shares
+2 more
5 metrics
Shares shifted from trust
37,856 shares
Change in form of ownership on May 28, 2026
Implied transaction price
$270.24 per share
Valuation for 37,856 shares on May 28, 2026
Direct holdings after transaction
80,113 shares
JBHT common stock directly owned after May 28, 2026
Indirect holdings after transaction
37,575 shares
JBHT shares held via grantor retained annuity trust
Restructuring share count
37,856 shares
Classified as restructuring (code J) in transaction summary
Key Terms
grantor retained annuity trust, beneficial ownership, Rule 16a-13, Securities Exchange Act of 1934, +1 more
5 terms
grantor retained annuity trust financial
"withdrew 37,856 shares of common stock of the Issuer from a grantor retained annuity trust established for the benefit of himself and his two adult children"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
beneficial ownership financial
"resulted in a decrease in the number of shares the reporting person beneficially owns indirectly through the trust and a corresponding increase"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 16a-13 regulatory
"withdrawal of shares from the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934"
Securities Exchange Act of 1934 regulatory
"exempted by Rule 16a-13 under the Securities Exchange Act of 1934"
change in form of beneficial ownership financial
"constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13"
FAQ
What did JBHT director James L. Robo report in this Form 4 filing?
He reported an internal restructuring of his JBHT holdings, moving 37,856 shares from a grantor retained annuity trust into direct ownership while contributing equivalent cash back to the trust, which he characterizes as a change in form of beneficial ownership.
Does this JBHT Form 4 indicate a market buy or sell by James L. Robo?
The filing describes a change in form of beneficial ownership, not an open-market buy or sell. Shares were withdrawn from a trust and taken into direct ownership while cash was contributed back to the trust in an equivalent amount.