JB Hunt (NASDAQ: JBHT) EVP converts 420 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hunt J B Transport Services EVP of Sales and Marketing Spencer Frazier settled a performance-based equity award. On March 31, 2026, he exercised 575 restricted stock units tied to company performance. Based on actual results, 420 RSUs vested and were converted into common stock, while 155 RSUs were forfeited.
After the transaction, he held 6,603.7668 shares of common stock directly, 1,730.9352 shares indirectly through his spouse, and 12,567.4414 shares through a 401(k) plan. The 401(k) position reflects shares acquired via plan contributions since March 13, 2026. These are compensation and retirement-plan related entries rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
575 shares exercised/converted
Mixed
4 txns
Insider
Frazier Spencer
Role
EVP of Sales and Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock | 575 | $0.00 | -- |
| Exercise | Common Stock | 420 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 0 shares (Direct);
Common Stock — 6,603.767 shares (Direct);
Common Stock — 1,730.935 shares (Indirect, Spouse);
Common Stock 401(k) — 12,567.441 shares (Direct)
Footnotes (1)
- Reflects the settlement of an award of performance-based restricted stock units (RSUs) originally granted in January 2023 for shares of common stock upon the partial vesting of such award. The number of shares acquired upon vesting of the award was based on actual performance achieved relative to the target performance levels, which resulted in 420 RSUs vesting and being converted into common stock and 155 RSUs being forfeited. Reflects shares acquired through 401(k) contributions since March 13, 2026.
Key Figures
Performance RSUs settled: 575 units
RSUs vested and converted: 420 units
RSUs forfeited: 155 units
+3 more
6 metrics
Performance RSUs settled
575 units
Performance-based RSU award originally granted January 2023
RSUs vested and converted
420 units
Converted into common stock upon partial vesting on March 31, 2026
RSUs forfeited
155 units
Unvested portion of January 2023 performance-based award
Direct common stock holdings
6,603.7668 shares
Direct ownership after transactions on March 31, 2026
Indirect spouse holdings
1,730.9352 shares
Common stock held indirectly through spouse after March 31, 2026
401(k) plan holdings
12,567.4414 shares
Common stock in 401(k), via contributions since March 13, 2026
Key Terms
performance-based restricted stock units, partial vesting, forfeited, 401(k)
4 terms
performance-based restricted stock units financial
"Reflects the settlement of an award of performance-based restricted stock units (RSUs) originally granted in January 2023"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
partial vesting financial
"for shares of common stock upon the partial vesting of such award"
forfeited financial
"which resulted in 420 RSUs vesting and being converted into common stock and 155 RSUs being forfeited"
401(k) financial
"Reflects shares acquired through 401(k) contributions since March 13, 2026"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.