Ooops!

Remember that whisper in the last issue about the top executives at J.B. Hunt Transport Services Inc. of Lowell selling a lot of stock since the first of the year. Well, forget all that. We were wrong. It happens (but not very often).

Here’s what we meant to say.

Wayne Garrison, chairman of the company’s board of directors, has sold 334,000 shares this year, not the 383,000 shares we reported.

Lloyd Peterson, a director of the company, hasn’t sold the 200,000 shares we reported. He notified the SEC of his intent to sell but the transaction was never completed. In fact, Peterson has filed the intent to sell form every three months since July 1997. The notification is only effective for three months if the sale isn’t completed.

Paul Bergant, executive vice president of marketing, only sold 45,000 shares valued at almost $2 million, not the 65,000 shares for $3 million that we calculated.

J.B. Hunt, the company’s founder and senior chairman of the board, didn’t sell any shares and hasn’t in two years. The transactions we reported were by J.B. Hunt Jr. and they weren’t quite as large as we calculated them. The sales totaled almost $4 million instead of the $5.5 million we reported.

We regret the errors.