CONGDON DAVID S

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.

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.

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.

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.