{
  "id": 7596945,
  "title": "ArcBest VP-controller Jason Parks sells $115,501 in stock",
  "url": "https://urgent.news/2026/09/15/arcbest-vp-controller-jason-parks-sells-115-501-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T17:16:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/arcbest-vpcontroller-jason-parks-sells-115501-in-stock-93CH-4902336"
  },
  "original_language": "en",
  "account": "ArcBest Corp. executive Jason Parks, the Vice President-Controller and Chief Accounting Officer, divested 855 shares of the company's common stock on September 15, 2026. The sale amounted to $115,501, with shares exchanged at a price fluctuating between $135.06 and $135.13 per share. Post-sale, Mr. Parks remains shareholder of 3,794 shares of ArcBest common stock.\n\nMeanwhile, ArcBest Corp. reported robust second-quarter 2026 financials, surpassing analyst expectations. The company reported adjusted earnings per share of $2.38, surpassing the Wall Street estimate of $2.17, and revenue of $1.2 billion, exceeding the forecast of $1.18 billion. This marked a 16% revenue growth compared to the previous year. ArcBest's non-GAAP operating income also surged to $74 million from $45 million.\n\nDespite these strong financials, Bank of America Securities reduced its price target for ArcBest to $152 from $173, while maintaining a Neutral rating. The reduction was attributed to valuation concerns. In other news, Knight Transportation maintained a Market Outperform rating from Citizens, with a price target of $90. This rating was based on discussions with industry experts and management teams at a recent seminar.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}