Old Dominion (NASDAQ: ODFL) COO gets 4,098-share grant, 501 used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Dominion Freight Line executive reports stock grant and tax withholding transaction. EVP and COO Gregory B. Plemmons acquired 4,098 shares of common stock on February 11, 2026 as a grant or award at $0 per share, increasing his direct holdings to 10,418 shares. On February 12, 2026, 501 shares were disposed of at $185.51 per share in a Form F transaction described as payment of tax liability by delivering securities, leaving 9,917 shares held directly. He also reports indirect ownership of 27,437 shares through a trust and 944 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Plemmons Gregory B
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 501 | $185.51 | $93K |
| Grant/Award | Common Stock | 4,098 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,917 shares (Direct);
Common Stock — 27,437 shares (Indirect, By trust)
Footnotes (1)
FAQ
What insider transactions did ODFL executive Gregory B. Plemmons report?
Gregory B. Plemmons reported a stock grant and a tax-related disposition. He acquired 4,098 Old Dominion Freight Line common shares on February 11, 2026, then 501 shares were disposed of on February 12, 2026 to satisfy tax obligations through share delivery.
What does the Form 4 code F mean in the ODFL insider filing?
The code F indicates a tax-withholding disposition using company shares. In this case, 501 Old Dominion Freight Line shares were delivered at $185.51 per share on February 12, 2026 to cover tax liabilities rather than representing an open-market sale.
Was the ODFL Form 4 transaction an open-market stock sale by Plemmons?
The filing shows a tax-withholding disposition, not an open-market sale. The 501 shares with code F were used to pay tax obligations by delivering securities, according to the description of the transaction code in the insider data.
What role does Gregory B. Plemmons hold at Old Dominion Freight Line (ODFL)?
Gregory B. Plemmons serves as Executive Vice President and Chief Operating Officer. The Form 4 filing identifies him as an officer of Old Dominion Freight Line with the title EVP and COO, and reports his direct and indirect common stock ownership.