SEC Form 8-K Summary
Business Context and Reporting Period
Old Dominion Freight Line, Inc. filed a Form 8-K dated September 22, 2026, under Item 5.02 regarding a change in the composition of its Board of Directors. The filing does not report operating or financial results.
Board and Governance Changes
- John D. Kasarda, Ph.D. retired from the Board effective immediately.
- The filing states that Dr. Kasarda’s retirement was not due to any disagreement with the Company regarding its operations, policies, or practices.
- Worthing F. Jackman, age 62, was elected to the Board effective September 22, 2026.
- The Board determined that Mr. Jackman qualifies as an independent director under Nasdaq rules.
- Mr. Jackman was appointed to the Governance and Nomination Committee and the Talent and Compensation Committee.
Director Background and Compensation
Mr. Jackman most recently served as Chief Executive Officer and a director of Waste Connections, Inc. from July 2019 through April 2023. He previously held senior finance and executive roles at Waste Connections and currently serves on the board of Quanta Services, Inc. and as Executive Chair of WillScot Holdings Corporation.
Under Old Dominion’s non-employee director compensation program, Mr. Jackman will receive a pro rata portion of a $110,000 annual cash retainer and an annual restricted stock award with a grant value of $172,000.
Financial Metrics, Outlook, and Risks
The filing text does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating metrics. It also does not identify new contingencies, unusual financial items, or specific business risks.
Key Facts for Investors to Verify
- Effective date and circumstances of Dr. Kasarda’s retirement.
- Mr. Jackman’s independence status and committee assignments.
- The pro rata timing and value of Mr. Jackman’s cash and restricted stock compensation.
- Any subsequent changes to Board composition, committee membership, or director compensation.