J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced in a recent 8-K filing with the Securities and Exchange Commission that the company’s Board of Directors, through the Executive Compensation Committee, has approved a new performance-based annual cash incentive program for named executive officers. The plan, known as the “2025 Company Bonus Plan,” is designed to align executive compensation with the company’s performance metrics for the year.
Under the 2025 Company Bonus Plan, named executive officers are eligible to receive a cash bonus payout based on the company’s revenue, operating income, and safety performance for the calendar year 2025. The bonus structure allocates 70% of the bonus based on operating income and 15% each on revenue (excluding fuel surcharge revenue) and preventable collisions per million miles driven, as reported to the U.S. Department of Transportation.
Actual bonus payouts will be determined based on the company’s performance against revenue, operating income, and preventable collisions rate targets for 2025. The plan allows for adjustments to financial and safety metrics to exclude certain expenses or events deemed appropriate by the Compensation Committee.
Additionally, the company clarified that a collision is considered preventable if it meets specific criteria concerning fatalities, injuries requiring medical treatment, or vehicle disablement following the incident. Preventable collisions are evaluated in accordance with industry standards to assess safety performance accurately.
To be eligible for the bonus payment, named executive officers must remain actively employed at the company until the distribution date of the bonus. Any bonus awarded under the plan is subject to potential forfeiture and recovery as per the company’s compensation recovery policies under the Board of Directors.
The company indicated that the final results and bonus calculation based on the 2025 Company Bonus Plan are expected to be completed by January 15, 2026.
This new compensation plan reflects J.B. Hunt Transport Services’ commitment to linking executive rewards directly to the company’s financial performance and safety objectives.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read J.B. Hunt Transport Services’s 8K filing here.
J.B. Hunt Transport Services Company Profile
J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.
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