A lag deposit that separates the underlying late Maastrichtian Arkadelphia Formation marl from the overlying Paleocene Midway Group limestone in Hot Spring County, Arkansas, U.S.A., contains osteichthyan teeth, scales, and skeletal elements belonging to: Cylindracanthus ornatus Leidy, 1856, Atractosteus sp., Lepisosteus sp., cf. Hadrodus priscus Leidy, 1857, Pseudoegertonia cf. P. granulosus (Arambourg, 1952), Paralbula casei Estes, 1969, Enchodus ferox Leidy, 1855, Enchodus gladiolus (Cope, 1872), Enchodus petrosus (Cope, 1874), Enchodus sp., and Teleostei incertae sedis. Outcrop exposures of this lag deposit occur within the Ouachita River and are expressed as a series of partially submerged, steeply inclined fold limbs that strike obliquely to water flow. The co-occurring osteichthyans recovered in this study span a broad range of salinity tolerances, foraging behaviors, and dietary preferences. Concentration of these osteichthyans indicates transport, exhumation, and reburial associated with storm activity or sea level cyclicity across a shallow Late Cretaceous marine shelf. Arkadelphia—Midway osteichthyan taxa belong to groups that survive the Cretaceous—Paleocene extinction event.