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ODFL OLD DOMINION FREIGHT LINE, INC. Insider Trading

Latest: Director Sold $4.2M of Shares · May 2026

Multiple insiders have been active at OLD DOMINION FREIGHT LINE, INC. (ODFL): 4 distinct insiders account for 1 buy filing and 10 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Director Gantt Greg C sold $4.2M, transaction dated May 2026.

11 filings analyzed · Latest 2026-05-05

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Buys
1
Sells
10
Insiders
4
Direction
Net selling

OLD DOMINION FREIGHT LINE, INC. leadership

CEO
Kevin M. Freeman — Chief Executive Officer
CFO
Adam N. Satterfield — Chief Financial Officer
COO
Gregory B. Plemmons — Executive Vice President and Chief Operating Officer
General Counsel
Ross H. Parr — Senior Vice President - Legal Affairs, General Counsel and Secretary
Chair
David S. Congdon — Executive Chairman of the Board of Directors

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-05
medium
22,107 shares
$4,233,826
@ $191.52
Significance 4

Director Greg C. Gantt sells ~22K shares of ODFL in single day; stock down from recent highs amid softer fundamentals

Greg C. Gantt, a director at Old Dominion Freight Line, liquidated approximately 22,000 shares across four transactions totaling roughly $4.2 million on a single day. This is a substantial one-time reduction—totaling roughly 21% of his holdings. While the timing coincides with the stock trading below its recent highs and down modestly over the past month, the company remains profitable with solid absolute earnings, though the business is contending with declining revenue on a year-over-year basis. For a director overseeing operational strategy, the sale's concentration in a single day and magnitude suggests either portfolio rebalancing or a more cautious stance on the stock's near-term trajectory, particularly noteworthy given that the company's valuation has expanded significantly relative to recent earnings. Investors should weigh this liquidation against Gantt's historical trading patterns to distinguish between routine diversification and a signal of diminished conviction.

February 2026
2026-02-27
medium
Chair Emeritus & Sr. Advisor
25,000 shares
$4,903,174
@ $196.13
Significance 5

Chair Emeritus Earl Congdon sells 25,000 ODFL shares for $4.9M at $196.13 blended average

Earl Congdon, Chair Emeritus & Sr. Advisor at Old Dominion Freight Line, executed 2 separate sales totaling 25,000 shares for $4,903,173.76 on 2026-02-26, reducing his holdings from 725,651 to 700,651 shares (-3.4%). The sale at a blended average price of $196.13 occurs with the stock at $203.05 current price, representing execution roughly 3.5% below current levels and near the 52-week range midpoint. Context includes pronounced recent appreciation (+50.1% over 90 days, +17.6% over 30 days) alongside structural headwinds: the company faces annual revenue decline (-5.5% year-over-year) while trading at a P/E of 47.33 and $42.3B market cap. Congdon retains substantial holdings at 700.7K shares post-transaction, indicating continued material ownership stake. The disposal occurs without obvious scheduled mechanics flagged, though the size and execution suggest deliberate action rather than random portfolio turnover.

2026-02-23
medium
Executive Chairman
52,000 shares
$10,127,840
@ $194.77
Significance 6

ODFL Executive Chairman David Congdon sold 52,000 shares for $10,127,840 (blended avg $194.77) on 2026-02-19

David Congdon, Executive Chairman of OLD DOMINION FREIGHT LINE, INC., executed 2 separate sales totaling 52,000 shares for $10,127,840.00 on 2026-02-19, reducing his holdings by 7.1% to 682,385 shares. The sales occurred at a blended average price of $194.77, near the stock's current price of $193.88 and within 7.4% of the 52-week high of $209.29. Congdon's cross-ticker track record shows 18 prior sells with an average 90-day return of -27.1% and a well-timed rate of 61.11%, indicating his sells historically have preceded stock declines. However, at ODFL specifically, only 1 of his 5 prior sales since August 2024 were well-timed at the 90-day mark, with mixed outcomes ranging from -18.8% to +17.8% over 90 days—suggesting limited predictive power for this particular ticker.

2026-02-10
high
12,024 shares
$2,361,874
@ $196.43
Significance 7

Director Greg C Gantt sells 12,024 ODFL shares at $196.43; prior 5 ODFL trades all well-timed at 90-day horizon

Director Greg C Gantt sold 12,024 shares (12.0K shares) of Old Dominion Freight Line, Inc. at $196.43 on 2026-02-09, reducing his holdings by 9.8% to 110,658 shares. The sale occurred when the stock was trading -7.1% from its 52-week high of $209.29, yet up 40.1% over the prior 90 days. This sale is notable for its consistent pattern with Gantt's prior ODFL trading behavior: all 5 prior trades at this ticker were sells that proved well-timed at the 90-day mark, with outcomes ranging from -21.1% to -1.6%, demonstrating a perfect 5-of-5 well-timed rate. His cross-ticker track record also shows a 100.00% well-timed rate on 6 prior sells with -5.1% average 90-day return, suggesting consistent ability to execute sells ahead of subsequent declines. The current price of $194.49 is already -1.1% below the sale price, positioning this trade early in a potential similar pattern.

March 2025
2025-03-04
medium
EVP and CFO
2,457 shares
$432,260
@ $175.93
Significance 5

CFO Adam Satterfield buys 2,457 shares of ODFL at $175.93 for $432,260.01; stock down 24.5% from 52-week high

Satterfield, ODFL's EVP and CFO, purchased 2,457 shares at $175.93 on 2025-02-28, increasing his holdings by 11.6% to 23,594 shares total. The transaction occurs while the stock trades at $175.00, down 24.5% from its 52-week high of $231.84 and down 17.1% over the past 90 days. The company carries a P/E of 31.19 against a market cap of $37.2B, with recent quarterly net income of $308.6M. The buy represents discretionary open-market accumulation by a senior finance executive at a time of material price weakness, though the stock remains well above its 52-week low of $168.53.

February 2025
2025-02-14
high
6,414 shares
$1,320,450
@ $205.87
Significance 6

Director Greg C Gantt sold 6,414 ODFL shares at $205.87; 5 prior ODFL sales all well-timed with negative 90-day returns.

Director Greg C Gantt sold 6,414 shares (6.4K shares) of OLD DOMINION FREIGHT LINE, INC. (ODFL) at $205.87 on 2025-02-13, reducing holdings by 5.8% to 104,266 shares. This sale extends a consistent pattern: all 5 of his prior ODFL trades were also sales, and each of those sales yielded negative 90-day returns, meaning the stock subsequently declined after he sold. His cross-ticker track record shows a 100.00% well-timed rate across prior sales, with an average 90-day return of -2.8%, indicating consistent ability to precede downturns. The current stock price of $206.34 is -11.0% from the 52-week high of $231.84, though the 30-day performance has been positive (+10.4%), suggesting recent strength. ODFL's P/E of 35.39 and annual revenue decline of -6.3% provide context for the valuation pressure the insider may be anticipating.

November 2024
2024-11-08
medium
Executive Chairman
60,000 shares
$13,578,000
@ $226.30
Significance 5

Executive Chairman David S. Congdon sells 60,000 shares (60.0K) of ODFL at $226.30, retaining 1.32M shares; stock near 52-week high.

David S. Congdon, Executive Chairman of Old Dominion Freight Line, Inc., executed a sale of 60,000 shares (60.0K shares) for $13,578,000.00 ($13.6M) at $226.30 on 2024-11-06, reducing his holdings from 1,381,596 shares (1.38M shares) to 1,321,596 shares (1.32M shares)—a reduction of 4.3% of his pre-transaction position. The sale occurred when ODFL was trading at $226.30, only 1.8% below its 52-week high of $230.18, after the stock had appreciated 16.3% over the prior 30 days and 17.0% over the prior 90 days. His cross-ticker track record shows a 100.00% well-timed rate across 17 prior sells at other tickers, with an average 90-day return of -54.5%, but at ODFL specifically, none of his 5 prior measurable trades have yet yielded a 90-day outcome (the most recent of which sold on 2024-08-30, 2024-08-29, and three on 2024-08-26). The company's fundamentals show revenue of $1,470,211,000.00 ($1.5B) in the latest quarter with net income of $308,580,000.00 ($308.6M), though annual revenue growth has contracted 6.3% year-over-year, and the stock trades at a P/E of 38.78. The timing of this sale at near-peak levels, combined with the company's negative revenue trajectory, presents a data point for investor assessment.

October 2024
2024-10-29
medium
7,000 shares
$1,400,490
@ $200.07
Significance 6

Director Gantt sells 7,000 ODFL shares at $200.07; 90d timing track record 100% well-timed, extends pattern from 4 prior sales at same ticker

Gantt, a director, sold 7,000 shares of Old Dominion Freight Line at $200.07 on 2024-10-28, reducing his stake from 104.9K to 97.9K shares. His cross-ticker track record shows 4 prior sells with a 100.00% 90-day well-timed rate (all followed by stock declines), and his same-ticker history at ODFL demonstrates all 4 prior sales at this ticker were also well-timed at the 90-day horizon, with negative returns averaging -2.9% over 90 days. This current sale extends a consistent pattern of sales executed before subsequent price weakness; given the stock's current valuation at P/E 33.78 and recent annual revenue decline of -6.3%, the timing alignment with his prior pattern warrants investor attention to whether this signals continued underlying softness.

September 2024
2024-09-03
medium
Executive Chairman
20,025 shares
$3,858,355
@ $192.68
Significance 5

Congdon (Executive Chairman) sells 20,025 shares across 2 transactions for $3,858,354.75 at ODFL; retains 1,381,596 shares post-sale.

David S. Congdon executed 2 separate sales totaling 20,025 shares for $3,858,354.75 on 2024-08-29 and 2024-08-30, reducing holdings by 1.4% from 1,401,621 to 1,381,596 shares. The blended average price of $192.68 sits just below the current price of $194.78 and 13.3% below the 52-week high of $224.69. His cross-ticker track record shows 15 prior sells with a 90-day well-timed rate of 100.00%, but all 5 measurable same-ticker sales at ODFL from 2024-08-26 remain unresolved in terms of outcome. The modest 1.4% reduction in position size, combined with Congdon's substantial remaining holdings of 1,381,596 shares, suggests a gradual portfolio adjustment rather than a major conviction shift. Revenue growth at ODFL is negative at -6.3% year-over-year against a 32.68 P/E ratio, providing context for evaluating the decision's timing.

August 2024
2024-08-28
high
Executive Chairman
29,975 shares
$6,033,986
@ $201.30
Significance 8

Executive Chairman Congdon sells 29,975 shares ($6.0M) at ODFL on 2024-08-26; stock now down 13.6% from 52-week high.

David S. Congdon executed 5 separate sales totaling 29,975 shares for $6,033,985.75 at a blended average price of $201.30, reducing his stake by 2.1% to 1,401,621 shares. His prior trades at ODFL show a striking pattern: all 5 prior sells achieved negative 90-day returns (ranging from -49.8% to -50.4%), with 5 of 5 well-timed at the 90-day mark. The current stock price of $194.20 is now 13.6% below the 52-week high of $224.69 and down 3.6% over 30 days, consistent with that historical timing pattern. Given the company's annual revenue decline of 6.3%, elevated P/E of 32.58, and this executive's demonstrated ability to precede stock weakness at this ticker, the magnitude and timing of this $6.0M liquidation warrant investor attention as a potential early signal of deteriorating near-term prospects.

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