The estimated Net Worth of David S Congdon is at least $369 Milion dollars as of 29 August 2024. Mr. Congdon owns over 20,025 units of Old Dominion Freight Line stock worth over $260,914,405 and over the last 21 years he sold ODFL stock worth over $100,109,131. In addition, he makes $7,531,250 as Executive Chairman of the Board at Old Dominion Freight Line.
David has made over 25 trades of the Old Dominion Freight Line stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 20,025 units of ODFL stock worth $3,858,417 on 29 August 2024.
The largest trade he's ever made was selling 55,000 units of Old Dominion Freight Line stock on 6 August 2013 worth over $2,468,950. On average, David trades about 5,406 units every 51 days since 2003. As of 29 August 2024 he still owns at least 1,381,596 units of Old Dominion Freight Line stock.
You can see the complete history of Mr. Congdon stock trades at the bottom of the page.
David S. Congdon has been appointed as Executive Chairman of the Board of the Company effective 1/1/2021. He previously served as our President and Chief Executive Officer since January 2008. He was our President and Chief Operating Officer from May 1997 to December 2007 and served in various positions in operations, maintenance and engineering between 1978 and 1997. He was first elected a director in 1998 and is the son of Earl E. Congdon. Mr. Congdon, through his 39 years of service to us, including 20 years of service as an executive officer of Old Dominion, has played a critical role in helping us develop our strategic plan and grow our operations through geographic expansion and acquisitions. He has experience leading us through difficult operating conditions and has guided Old Dominion to sustained profitability. The Board benefits from Mr. Congdon’s critical knowledge of the LTL industry, as well as his deep understanding of the operational and regulatory complexities that we must address as a publicly-traded transportation company.
As the Executive Chairman of the Board of Old Dominion Freight Line, the total compensation of David Congdon at Old Dominion Freight Line is $7,531,250. There are no executives at Old Dominion Freight Line getting paid more.
David Congdon is 63, he's been the Executive Chairman of the Board of Old Dominion Freight Line since 2018. There are 10 older and 14 younger executives at Old Dominion Freight Line. The oldest executive at Old Dominion Freight Line, Inc. is Earl E. Congdon, 90, who is the Chairman Emeritus & Sr. Advisor.
David's mailing address filed with the SEC is C/O OLD DOMINION FREIGHT LINE, INC., 500 OLD DOMINION WAY, THOMASVILLE, NC, 27360.
Over the last 21 years, insiders at Old Dominion Freight Line have traded over $157,021,367 worth of Old Dominion Freight Line stock and bought 11,730 units worth $648,593 . The most active insiders traders include David S Congdon, Earl E Congdon oraz Jeffrey Wterry Susan C Congdon. On average, Old Dominion Freight Line executives and independent directors trade stock every 62 days with the average trade being worth of $2,539,844. The most recent stock trade was executed by Greg C Gantt on 1 September 2024, trading 5,108 units of ODFL stock currently worth $964,646.
old dominion freight line, inc. (nasdaq: odfl) is a leading, less-than-truckload (“ltl”), union-free company providing premium service to all its customers. od offers regional, inter-regional and national ltl service. in addition to its core ltl services, the company offers its customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery and warehousing. in addition, old dominion offers a consumer product for household moving: od household services. through strategic partnerships, the company also offers international freight forwarding services throughout the world. old dominion’s claims ratio and on-time record are among the best in the industry. for 80 years, old dominion has been helping the world keep promises. for career opportunities, visit http://www.odfl.com/careers/.
Old Dominion Freight Line executives and other stock owners filed with the SEC include: