Old Dominion Freight Line (ODFL) director reports trust share gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Dominion Freight Line director John R. Congdon, Jr. reported charitable-style activity rather than trading. As trustee of the John R. Congdon, Jr. Revocable Trust, he made bona fide gifts of 2,688 shares on February 11, 2026 and 396 shares on February 12, 2026, both at a reported price of $0 per share.
After these gifts, the revocable trust held 3,892,898 shares indirectly. He also is shown as indirectly holding 100,000 shares as trustee of a 2025 GRAT and holding 1,824 shares directly. A footnote states these are part of exempt transfers totaling 104,803 shares since his last Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,084 shares gifted
Mixed
5 txns
Insider
CONGDON JOHN R JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 396 | $0.00 | -- |
| Gift | Common Stock | 2,688 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,892,898 shares (Indirect, As trustee of the John R. Congdon, Jr. Revocable Trust);
Common Stock — 1,824 shares (Direct)
Footnotes (1)
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FAQ
What insider activity did Old Dominion Freight Line (ODFL) report for John R. Congdon, Jr.?
John R. Congdon, Jr., a director of Old Dominion Freight Line, reported bona fide gifts of company stock from a revocable trust. These were non-cash transfers, not market sales, and are disclosed to show changes in his indirect beneficial ownership of ODFL shares.
Were the Old Dominion Freight Line (ODFL) transactions stock sales by John R. Congdon, Jr.?
No. The transactions are coded G for bona fide gift, indicating transfers for no consideration rather than open-market sales. The gifts were made from a revocable trust where he serves as trustee, reflecting changes in indirect ownership, not cash-generating disposals.