Old Dominion Freight (NASDAQ: ODFL) SVP sells 19,952 shares
Rhea-AI Filing Summary
OLD DOMINION FREIGHT LINE, INC. (ODFL) officer Cecil E. Overbey Jr., Senior Vice President – Strategic Development, reported a sale of 19,952 shares of Common Stock on 2026-08-25. The shares were sold at a weighted average price of $198.39 per share, with individual trades ranging from $198.31 to $198.68. After this sale, Overbey holds 22,746 ODFL shares directly and an additional 9,437 shares indirectly through a 401(k) plan.
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Insights
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Insider Trade Summary
Net Seller: 19,952 shares
Net Sell
2 txns
Insider
Overbey Cecil E. Jr.
Role
SVP - Strategic Development
Sold
19,952 shs ($3.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 19,952 | $198.39 | $3.96M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,746 shares (Direct);
Common Stock — 9,437 shares (Indirect, By 401(k) plan)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.31 to $198.68, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 19,952 shares of Common Stock
Weighted average sale price: $198.39 per share
Sale price range: $198.31 to $198.68 per share
+2 more
5 metrics
Shares sold
19,952 shares of Common Stock
Sale transaction on 2026-08-25 by Cecil E. Overbey Jr.
Weighted average sale price
$198.39 per share
Weighted average price for the 19,952 shares sold on 2026-08-25
Sale price range
$198.31 to $198.68 per share
Price range for multiple sale transactions included in the reported sale
Direct holdings after transaction
22,746 shares of Common Stock
Direct ownership by Cecil E. Overbey Jr. following the 2026-08-25 sale
Indirect holdings after transaction
9,437 shares of Common Stock
Indirect ownership by 401(k) plan as reported on 2026-08-25
Key Terms
weighted average price, open market, private transaction, 401(k) plan
4 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction financial
"Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
401(k) plan financial
"nature_of_ownership: By 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did ODFL executive Cecil E. Overbey Jr. report?
Cecil E. Overbey Jr., SVP – Strategic Development at ODFL, reported selling 19,952 shares of Common Stock on 2026-08-25 in a reported sale transaction.
What type of transaction was reported in Cecil Overbey Jr.’s ODFL Form 4?
The filing reports a sale of Common Stock (transaction code S), described as a sale in an open market or private transaction, on 2026-08-25.
AI-generated analysis. How Rhea-AI works. Not financial advice.
