Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Greg C. Gantt earned $9.74M in total compensation at Old Dominion Freight Line, including $499.77K salary, $4.66M bonus and $4.26M in stock. Most recently sold 7,000 shares in Oct 2024. Currently holds stock worth $19.73M. Has donated $210.07K in stock to charitable causes. 7+ years at the helm of Old Dominion Freight Line.

Compensation History

Annual executive compensation data for Greg C. Gantt, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.74M

Salary

$499.77K

Bonus

$4.66M

Other

$325.15K

Salary

$499.77K

Board Justification

The compensation philosophy aligns executive pay with company performance, focusing on long-term shareholder value and operational excellence.

Bonus

$4.66M

Board Justification

The bonus is based on the company's performance metrics, specifically tied to pre-tax income growth, and is paid out as part of the non-equity incentive plan compensation for the fiscal year.

Other Compensation

$325.15K

Board Justification

Other compensation includes various benefits and retirement contributions, including a pro rata cash retainer for his service as a non-employee director after retirement.

Restricted Stock

$4.26M24K RSU

Board Justification

The stock that vested in 2023 includes 20,282 shares of restricted stock and 25,068 shares of performance-based restricted stock units (PBRSUs) that were accelerated due to retirement, reflecting performance hurdles already achieved.

Performance Metrics

The performance metrics include pre-tax income growth and operating ratio, which are critical for determining the compensation of the CEO.

O

Greg C. Gantt

CEO of Old Dominion Freight Line

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Sector of Economy

Industrials

Born

January 1, 1956 - 69 years ago

CEO of Old Dominion Freight Line for

7 years 7 months (May 2018 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer from June 2011 to May 2015

Holdings

Track Greg C. Gantt's stock holdings and portfolio value over time.

Total Stock Sold

$6.44M

ODFL

$6.44M

32,000 ODFL shares

What if they kept their stock?

If Greg C. Gantt didn't sell their stock, today they would have:
Extra ODFL32,000 shares worth $4.96M.
This is -22.95% and $1.48M less than what they got when they sold the stock.

Charitable Transactions

ODFL

1,354 shares

ODFL

Recent Charitable Transactions

ODFL

1,354 shares

ODFL

May 7, 2024

Charity

Insider Trading

Greg C. Gantt's recent stock transactions, purchases, and sales filed with the SEC.

ODFL

$1.40M

ODFL at $200.07/share

Oct 28, 2024

Sale

ODFL

$5.06M

ODFL at $202.59/share

Jul 29, 2024

Sale

ODFL

795 shares

ODFL

May 15, 2024

Received

ODFL

1,354 shares

ODFL

May 7, 2024

Charity

ODFL

449 shares

ODFL

Jul 3, 2023

Received

ODFL

3,109 shares

ODFL

Feb 8, 2023

Received

ODFL

5,508 shares

ODFL

Jan 25, 2023

Received

ODFL

2,754 shares

ODFL

Feb 9, 2022

Received

ODFL

7,667 shares

ODFL

Jan 26, 2022

Received

ODFL

3,833 shares

ODFL

Feb 11, 2021

Received

Rivals

Compare Greg C. Gantt with competitor CEOs and industry peers.