T. Rowe Price reports 9.8M Old Dominion Freight Line (ODFL) shares
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 9,769,485 shares of Old Dominion Freight Line common stock, representing 4.7% of the class. The firm has sole voting power over 9,373,045 shares and sole dispositive power over all 9,769,485 shares, with no shared voting or dispositive power. T. Rowe Price states that this filing should not be construed as an admission that it is the beneficial owner of these securities.
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Key Figures
Beneficial Ownership: 9,769,485 shares
Percent of Class: 4.7%
Sole Voting Power: 9,373,045 shares
+3 more
6 metrics
Beneficial Ownership
9,769,485 shares
Common stock of Old Dominion Freight Line reported by T. Rowe Price Associates, Inc.
Percent of Class
4.7%
Portion of Old Dominion Freight Line common stock class held beneficially
Sole Voting Power
9,373,045 shares
Shares of Old Dominion Freight Line over which T. Rowe Price has sole voting power
Shared Voting Power
0 shares
Shares of Old Dominion Freight Line with shared voting power
Sole Dispositive Power
9,769,485 shares
Shares over which T. Rowe Price can solely direct disposition
Shared Dispositive Power
0 shares
Shares with shared dispositive power reported
Key Terms
Schedule 13G, beneficial owner, sole voting power, dispositive power
4 terms
Schedule 13G regulatory
"T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial owner regulatory
"shall not be construed as an admission that Price Associates is the beneficial owner of the securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"Sole power to vote or to direct the vote: 9373045"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 9769485"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What percentage of Old Dominion Freight Line (ODFL) does T. Rowe Price Associates own?
T. Rowe Price Associates reports beneficial ownership of 4.7% of Old Dominion Freight Line’s common stock, totaling 9,769,485 shares, according to its amended Schedule 13G filing.
Does T. Rowe Price admit beneficial ownership of its ODFL holdings?
No. T. Rowe Price Associates expressly states that this Schedule 13G filing should not be construed as an admission that it is the beneficial owner of the Old Dominion Freight Line securities referenced.
What class of Old Dominion Freight Line (ODFL) securities is reported by T. Rowe Price?
The position reported by T. Rowe Price Associates relates to COMMON STOCK of Old Dominion Freight Line, identified by CUSIP 679580100 in the amended Schedule 13G.
AI-generated analysis. How Rhea-AI works. Not financial advice.