Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Hobbs Nicholas
2. Issuer Name and Ticker or Trading Symbol
HUNT J B TRANSPORT SERVICES INC [JBHT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP/President DCS
(Last)
(First)
(Middle)

615 JB HUNT CORPORATE DRIVE, PO BOX 130
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011
(Street)


LOWELL, AR 72745
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock (k) 12/31/2011   J4(1) 263 A $ 0 (1) 21,966 D  
Common Stock             21,835 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock $ 0           07/15/2011 08/15/2013 Common Stock
2,200
  2,200
D
 
Restricted Stock $ 0           07/15/2011 08/15/2014 Common Stock
2,640
  2,640
D
 
Restricted Stock $ 0           07/15/2011 08/15/2015 Common Stock
3,520
  3,520
D
 
Restricted Stock $ 0 (2)           07/15/2011 08/15/2020 Common Stock
27,000
  27,000
D
 
Restricted Stock $ 0           07/15/2012 08/15/2012 Common Stock
1,500
  1,500
D
 
Restricted Stock $ 0           07/15/2012 08/15/2015 Common Stock
5,500
  5,500
D
 
Restricted Stock $ 0           07/15/2012 08/15/2016 Common Stock
21,000
  21,000
D
 
Restricted Stock $ 0           07/14/2014 08/15/2017 Common Stock
4,000
  4,000
D
 
Right to Buy Stock Option $ 20.36           06/01/2010 10/21/2015 Common Stock
16,000
  16,000
D
 
Right to Buy Stock Option $ 6.55           06/01/2011 11/26/2013 Common Stock
4,000
  4,000
D
 
Right to Buy Stock Option $ 12.2           06/01/2011 10/23/2014 Common Stock
4,800
  4,800
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hobbs Nicholas
615 JB HUNT CORPORATE DRIVE
PO BOX 130
LOWELL, AR 72745
      EVP/President DCS  

Signatures

/s/ Debbie Willbanks, Attorney-in-Fact for Mr. Hobbs 02/07/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Adjustment of shares in 401(k) at year-end
(2) The restricted stock award, approved by the company's compensation committee, vests over a ten-year period. There is no purchase price associated with the award upon exercise. Forfeiture of the award will occur only upon termination of employment with the company. Mr. Hobbs received this award as part of his total compenstion package upon promotion EVP.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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