Old Dominion Freight Line (NASDAQ: ODFL) insider adjusts 3.7% ownership stake
Rhea-AI Filing Summary
Old Dominion Freight Line insider David S. Congdon filed an amended Schedule 13G reporting updated ownership of the company’s common stock as of 12/31/2025. He now beneficially owns 7,844,895 shares, representing 3.7% of the outstanding common stock.
Congdon holds 2,685,123 shares with sole voting and dispositive power and 5,159,772 shares with shared voting and dispositive power. The holdings include shares in his 401(k) plan and various family trusts. The amendment reflects transfers of shares to other Congdon family members in connection with family trust and estate planning transactions.
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FAQ
What did David S. Congdon report in this Schedule 13G/A for ODFL?
David S. Congdon reported his updated beneficial ownership of Old Dominion Freight Line common stock. He disclosed holding 7,844,895 shares in total, reflecting 3.7% of the company’s outstanding common stock as of December 31, 2025, after family trust and estate planning transfers.
What percentage of ODFL’s common stock does David S. Congdon currently own?
David S. Congdon reports beneficial ownership of 3.7% of Old Dominion Freight Line’s common stock. This percentage is based on 7,844,895 shares attributed to him through direct holdings, his retirement plan, and various family trusts with sole or shared voting and dispositive power.
Why did David S. Congdon file this amended Schedule 13G for ODFL?
He filed the amendment to reflect changes in his beneficial ownership of Old Dominion Freight Line stock. The changes result from transfers to other Congdon family members carried out as part of family trust and estate planning transactions affecting how the shares are held and attributed.