J.B. Hunt 8-K Details Officer Changes, Compensation, and Disclosure
Ticker: JBHT · Form: 8-K · Filed: 2024-02-29T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, compensation, regulation-fd, corporate-governance
TL;DR
**J.B. Hunt just dropped an 8-K about executive changes and compensation, so keep an eye out for details on leadership shifts!**
AI Summary
J.B. Hunt Transport Services, Inc. filed an 8-K on February 29, 2024, reporting an event that occurred on February 28, 2024. The filing pertains to Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 7.01, "Regulation FD Disclosure." The company, based in Lowell, Arkansas, with IRS Number 71-0335111, also included financial statements and exhibits under Item 9.01.
Why It Matters
This filing signals potential shifts in J.B. Hunt's executive leadership or compensation strategies, which could influence future operational decisions and financial performance. Investors will be watching for specifics on who is departing or being appointed and how compensation structures are evolving.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation arrangements can introduce uncertainty regarding future company direction and stability.
Key Numbers
- 0000728535 — Central Index Key (Unique identifier for the company in SEC filings)
- 0-11757 — Commission File Number (SEC file number for the registrant)
- 479-820-0000 — Business Phone (Contact number for J.B. Hunt)
Key Players & Entities
- J.B. HUNT TRANSPORT SERVICES, INC. (company) — Registrant
- February 28, 2024 (date) — Date of earliest event reported
- February 29, 2024 (date) — Filing date
- 71-0335111 (dollar_amount) — IRS Employer Identification No.
- Lowell, Arkansas (company) — Principal Executive Offices location
FAQ
What specific items were reported in this 8-K filing by J.B. Hunt Transport Services, Inc.?
The 8-K reported on Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Item 7.01: Regulation FD Disclosure, and Item 9.01: Financial Statements and Exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 28, 2024.
What is the full legal name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is J.B. HUNT TRANSPORT SERVICES, INC.
Where are J.B. Hunt Transport Services, Inc.'s principal executive offices located?
J.B. Hunt Transport Services, Inc.'s principal executive offices are located at 615 J.B. Hunt Corporate Drive, Lowell, Arkansas 72745.
What is the company's IRS Employer Identification Number?
The company's IRS Employer Identification Number is 71-0335111.
Filing Stats: 1,328 words · 5 min read · ~4 pages · Grade level 10.9 · Accepted 2024-02-29 14:37:26
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value JBHT NASDAQ Indicate by
- $900,000 — n's annual base salary will increase to $900,000 and Mr. Roberts's annual base salary wi
- $826,400 — s's annual base salary will decrease to $826,400. In connection with her promotion, on J
- $5 million — ard of restricted share units valued at $5 million which will vest in three equal annual i
Filing Documents
- jbht20240229_8k.htm (8-K) — 37KB
- ex_632798.htm (EX-99.1) — 15KB
- image01.jpg (GRAPHIC) — 20KB
- 0001437749-24-006061.txt ( ) — 217KB
- jbht-20240228.xsd (EX-101.SCH) — 3KB
- jbht-20240228_def.xml (EX-101.DEF) — 11KB
- jbht-20240228_lab.xml (EX-101.LAB) — 15KB
- jbht-20240228_pre.xml (EX-101.PRE) — 11KB
- jbht20240229_8k_htm.xml (XML) — 3KB
01. REGULATION FD DISCLOSURE
ITEM 7.01. REGULATION FD DISCLOSURE On February 29, 2024, we issued a news release announcing leadership changes involving the Company's Board of Directors and Chief Executive Officer. A copy of that news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits . 99.1 News release dated February 29, 2024, issued by J.B. Hunt Transport Services, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the 29th day of February, 2024. J.B. HUNT TRANSPORT SERVICES, INC. BY: /s/ John N. Roberts, III John N. Roberts, III Chief Executive Officer (Principal Executive Officer) BY: /s/ John Kuhlow John Kuhlow Chief Financial Officer, Executive Vice President (Principal Financial Officer)