ODFL (NASDAQ: ODFL) director granted 859 shares of common stock as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD DOMINION FREIGHT LINE, INC. director Andrew Stephen Davis reported a compensation-related stock award. He received 859 shares of common stock at no stated purchase price, classified as a grant or award. Following this acquisition, he directly owns 3,635 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Andrew Stephen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 859 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,635 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 859 shares
Grant price: $0.0000 per share
Shares after transaction: 3,635 shares
3 metrics
Shares granted
859 shares
Common Stock grant on 2026-05-20
Grant price
$0.0000 per share
Equity award, non-cash acquisition
Shares after transaction
3,635 shares
Total direct holdings following grant
Key Terms
Grant, award, or other acquisition, Common Stock, non-derivative
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did ODFL director Andrew Stephen Davis report?
Director Andrew Stephen Davis reported receiving 859 shares of OLD DOMINION FREIGHT LINE common stock as a grant or award. The Form 4 classifies this as a non-derivative acquisition with no purchase price, reflecting equity-based compensation rather than an open-market transaction.
Was the ODFL insider transaction a stock purchase or a grant?
The transaction was a grant or award, not an open-market purchase. The Form 4 uses transaction code “A” and describes it as a grant, award, or other acquisition, with a per-share price of $0.0000, indicating compensation-related stock rather than a cash purchase.
What does transaction code “A” mean in the ODFL Form 4 filing?
In this Form 4, transaction code “A” signifies a grant, award, or other acquisition of stock. For Andrew Stephen Davis, it reflects 859 shares of common stock received as equity compensation, not a market trade, and is labeled as a non-derivative, direct ownership transaction.
Is the ODFL insider transaction a buy or sell signal for investors?
The filing reflects an equity grant rather than a discretionary buy or sell decision. It shows routine compensation in the form of 859 ODFL shares, bringing Davis’s direct holdings to 3,635 shares, and does not represent an open-market trading signal by the director.