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Insider Trends: ArcBest Insider Makes Tax Sale Extends 90-Day Selling Trend

05/10/2021 07:10

11:03 AM EDT, 05/10/2021 (MT Newswires) -- Erin K Gattis, Chief Human Resources Officer, executed a sale of 2,835 shares of ArcBest (ARCB) on May 06, 2021, for approximately $256,426 to satisfy tax obligations. Subsequent to the Form 4 filing with the SEC, Gattis has control over a total of 49,088 shares of company stock, with 48,969 shares held directly and 119 controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $4.44 million.

During the most recent 90-day period, prior to the date of this filing, there have been 6 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 18,130 company shares by insiders. Relative to the preceding 90-day window of time, there was 1 transaction from 1 insider which culminated in the disposition of 9,670 shares.

This is a lower level of transactions than the peer group average in the 26-company Ground Freight & Logistics peer group over the last 90-day period. Within the peer group activity averaged 129.8 transactions per company, and disposition of 95,021 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/894405/000120919121031131/xslF345X03/doc4.xml

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