J.B. Hunt sets 2023 base salaries for top executives; adopts new bonus plan tied to operating income

HUNT J B TRANSPORT SERVICES INC

CEO John Roberts base salary $1,000,000; President Shelley Simpson $800,000; CFO John Kuhlow $525,000.
New 2023 cash bonus plan: CEO and President can earn 15%–185% of salary (target 105%); other NEOs 15%–160% (target 80%).
Bonus pays only if operating income reaches at least 85% of budget; max payout at 115% of budget.
Chairman Kirk Thompson base salary $446,250; not eligible for bonus plan.
Bylaws amended to require shareholder proxy solicitation disclosures per Rule 14a-19 for director nominations.

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