SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 28, 2020 (April 24, 2020)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization)
8401 McClure Drive
Fort Smith, Arkansas 72916
(Address, including zip code, and telephone number, including area code, of
the registrant's principal executive offices)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each class
Name of each exchange on which registered
Common Stock $0.01 Par Value
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
ITEM 5.02 – DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
The Board of Directors of ArcBest Corporation (Nasdaq: ARCB) (“ArcBest®,” the “Company,” “we,” and “our”) has approved a voluntary 15% reduction in the cash retainers paid for Board service of all non-employee directors of the Company, effective as of May 1, 2020, until further notice. This measure is a continuation of the Company’s efforts to preserve cash and reduce costs to mitigate the operating and financial impact of the COVID-19 pandemic, as previously described in the Company’s Forms 8-K filed with the Securities and Exchange Commission on March 30, 2020 and April 7, 2020.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
April 28, 2020
/s/ Michael R. Johns
Michael R. Johns
Vice President – General Counsel
and Corporate Secretary