Old Dominion Freight Line Executive Compensation Details
Ticker: ODFL · Form: DEF 14A · Filed: 2025-04-21T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards
Related Tickers: ODFL
TL;DR
ODFL proxy statement out, detailing exec equity awards and compensation changes for 2024.
AI Summary
Old Dominion Freight Line, Inc. filed its DEF 14A on April 21, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted to its "FreemanMember" and "NonPeoNeoMember" executive categories, with fair values calculated as of various vesting dates and prior years. Specific details on the change in fair value of equity awards granted in prior years that vested during the covered year are also provided.
Why It Matters
This filing provides transparency into how Old Dominion Freight Line compensates its top executives, which can influence investor decisions and perceptions of the company's governance.
Risk Assessment
Risk Level: low — DEF 14A filings are routine disclosures of executive compensation and do not typically present new financial risks.
Key Players & Entities
- OLD DOMINION FREIGHT LINE, INC. (company) — Filer
- 20250421 (date) — Filing Date
- 2024-12-31 (date) — Fiscal Year End
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose of this DEF 14A filing is to provide detailed information regarding the executive compensation of Old Dominion Freight Line, Inc. for the fiscal year ending December 31, 2024.
What specific types of compensation are detailed in the filing?
The filing details executive compensation related to equity awards, including the fair value of awards granted in prior years that vested during the covered year, and changes in fair value of equity awards.
Who are the main categories of executives whose compensation is detailed?
The filing details compensation for executive categories such as 'FreemanMember' and 'NonPeoNeoMember'.
What is the filing date of this document?
This DEF 14A filing was made on April 21, 2025.
What is the fiscal year end for which this compensation data is reported?
The compensation data reported in this filing is for the fiscal year ending December 31, 2024.
From the Filing
0000950170-25-056052.txt : 20250421 0000950170-25-056052.hdr.sgml : 20250421 20250421102747 ACCESSION NUMBER: 0000950170-25-056052 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 33 CONFORMED PERIOD OF REPORT: 20250521 FILED AS OF DATE: 20250421 DATE AS OF CHANGE: 20250421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLD DOMINION FREIGHT LINE, INC. CENTRAL INDEX KEY: 0000878927 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] ORGANIZATION NAME: 01 Energy & Transportation EIN: 560751714 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-19582 FILM NUMBER: 25851550 BUSINESS ADDRESS: STREET 1: 500 OLD DOMINION WAY CITY: THOMASVILLE STATE: NC ZIP: 27360 BUSINESS PHONE: 3368895000 MAIL ADDRESS: STREET 1: 500 OLD DOMINION WAY CITY: THOMASVILLE STATE: NC ZIP: 27360 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION FREIGHT LINE INC/VA DATE OF NAME CHANGE: 19930328 DEF 14A 1 odfl-20250421.htm DEF 14A DEF 14A 0000878927 false DEF 14A 0000878927 odfl:FreemanMember 2023-01-01 2023-12-31 0000878927 odfl:FreemanMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000878927 ecd:NonPeoNeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2022-01-01 2022-12-31 0000878927 odfl:FreemanMember ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000878927 odfl:YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember odfl:GanttMember ecd:PeoMember 2022-01-01 2022-12-31 0000878927 ecd:NonPeoNeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2020-01-01 2020-12-31 0000878927 ecd:NonPeoNeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2024-01-01 2024-12-31 0000878927 odfl:GanttMember 2021-01-01 2021-12-31 0000878927 odfl:YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember odfl:GanttMember ecd:PeoMember 2021-01-01 2021-12-31 0000878927 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2021-01-01 2021-12-31 0000878927 odfl:GanttMember 2020-01-01 2020-12-31 0000878927 odfl:FairValueAtTheEndOfThePriorYearOfEquityAwardsThatFailedToMeetVestingConditionsInTheYearMember odfl:GanttMember ecd:PeoMember 2023-01-01 2023-12-31 0000878927 odfl:YearEndFairValueOfEquityAwardsMember odfl:GanttMember ecd:PeoMember 2020-01-01 2020-12-31 0000878927 odfl:YearEndFairValueOfEquityAwardsMember odfl:GanttMember ecd:PeoMember 2022-01-01 2022-12-31 0000878927 odfl:FreemanMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0000878927 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2021-01-01 2021-12-31 0000878927 odfl:YearEndFairValueOfEquityAwardsMember odfl:GanttMember ecd:PeoMember 2023-01-01 2023-12-31 0000878927 odfl:YearEndFairValueOfEquityAwardsMember odfl:GanttMember ecd:PeoMember 2021-01-01 2021-12-31 0000878927 odfl:YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember odfl:GanttMember ecd:PeoMember 2024-01-01 2024-12-31 0000878927 ecd:NonPeoNeoMember ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember 2022-01-01 2022-12-31 0000878927 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2022-01-01 2022-12-31 0000878927 odfl:FairValueAsOfVestingDateOfEquityAwardsGrantedAndVestedInTheYearMember odfl:GanttMember ecd:PeoMember 2023-01-01 2023-12-31 0000878927 odfl:GanttMember odfl:ValueOfDividendsOrOtherEarningsPaidOnStockOrOptionAwardsNotOtherwiseReflectedInFairValueOrTotalCompensationMember ecd:PeoMember 2022-01-01 2022-12-31 0000878927 odfl:YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember odfl:GanttMember ecd:PeoMember 2022-01-01 2022-12-31 0000878927 2020-01-01 2020-12-31 0000878927 ecd:NonPeoNe