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Stock Performance Graph
−Removed: The graph below compares the cumulative five-year total return of holders of our common stock with the cumulative performance of the Dow Jones Transportation Average index and the S&P 400 MidCap index.
+Added: The graph below compares the cumulative five-year total return of holders of our common stock with the cumulative performance of the Dow Jones Transportation Average index, the S&P 400 MidCap index and the S&P Transportation Select Industry index.
The graph assumes that the value of the investment in our common stock and each index was $100 on December 31, 2018 and that all dividends and other distributions, including the effect of spin-offs, were reinvested.
The comparisons in the graph below are based on historical data and not indicative of, or intended to forecast, future performance of our common stock.
+Added: The graph in our 2022 Annual Report on Form 10-K included a comparison of our common stock with the Dow Jones Transportation Average index and the S&P 400 MidCap index.
+Added: Going forward, our performance graphs will use the S&P Transportation Select Industry index rather than the Dow Jones Transportation Average index.
+Added: We believe that the S&P Transportation Select Industry is a more appropriate index as our outstanding performance-based restricted stock units (“PRSUs”) generally measure our performance compared to this index, of which we are a component.
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S&P 400 MidCap $ 100.00 $ 126.20 $ 143.44 $ 178.95 $ 155.58 $ 181.15
+Added: S&P Transportation Select Industry $ 100.00 $ 122.05 $ 136.78 $ 183.86 $ 132.35 $ 166.38
Unregistered Sales of Equity Securities and Use of Proceeds
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.