J.B. Hunt chairman sells 1 million shares

The Associated Press

2/25/2008

NEW YORK — The chairman of freight transport company J.B. Hunt Transport Services Inc. sold about 1 million shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Friday, Earl Wayne Garrison reported he sold the shares Wednesday for $28.25 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

J.B. Hunt Transport Services is based in Lowell, Ark.