SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hobbs Nicholas

(Last) (First) (Middle)
615 JB HUNT CORPORATE DRIVE
PO BOX 130

(Street)
LOWELL AR 72745

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HUNT J B TRANSPORT SERVICES INC [ JBHT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and COO
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/31/2024 M 4,558(1) A $0.00 88,456 D
Common Stock 03/31/2024 F 2,022 D $199.25 86,434 D
Common Stock 401(k) 24,080.95 D
Common Stock 168 I Trust (spouse)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock $0.00 03/31/2024 M 3,564 03/31/2024 04/15/2024 Common Stock 3,564 $0.00 0.00 D
Restricted Stock $0.00 03/31/2026 04/15/2026 Common Stock 3,246 3,246 D
Restricted Stock $0.00 03/31/2025 04/15/2025 Common Stock 2,806 2,806 D
Restricted Stock $0.00 01/31/2025 03/02/2028 Common Stock 9,032 9,032 D
Restricted Stock $0.00 03/31/2027 04/15/2027 Common Stock 3,011 3,011 D
Restricted Stock $0.00 01/31/2026 02/28/2028 Common Stock 3,735 3,735 D
Restricted Stock $0.00 01/31/2022 03/02/2025 Common Stock 2,673 2,673 D
Restricted Stock $0.00 01/31/2024 03/02/2027 Common Stock 7,304 7,304 D
Restricted Stock $0.00 01/31/2023 03/02/2026 Common Stock 4,210 4,210 D
Explanation of Responses:
1. Reflects the settlement of an award of performance-based restricted stock units for shares of common stock upon the vesting of such award. The number of shares acquired upon vesting of the award was based on actual performance achieved above the target performance level. The number of restricted stock units reported was based on the target performance level
Remarks:
/s/ Whitney Elliott, Attorney-in-Fact 04/02/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.