Heartland Express (HTLD) VP receives 500 restricted shares with 167 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heartland Express VP of Information Technology Kris Eric Eickman reported a routine stock compensation event involving restricted shares and related tax withholding. He received 500 shares of common stock as an award under the 2021 Restricted Stock Plan, which vested immediately. To cover tax withholding obligations upon vesting, 167 shares were deemed withheld. Following these transactions, he directly holds 8,487 shares of Heartland Express common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
EICKMAN KRIS ERIC
Role
VP of Information Technology
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | -- |
| Tax Withholding | Common Stock | 167 | $13.30 | $2K |
Holdings After Transaction:
Common Stock — 8,487 shares (Direct, null)
Footnotes (1)
- The reporting person received 500 restricted shares of Heartland Express, Inc. common stock as an award under the 2021 Restricted Stock Plan. The award vested immediately. Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the reporting person.
Key Figures
Restricted stock grant: 500 shares
Shares withheld for taxes: 167 shares
Withholding reference price: $13.30 per share
+1 more
4 metrics
Restricted stock grant
500 shares
Award under 2021 Restricted Stock Plan, vested immediately
Shares withheld for taxes
167 shares
Deemed withheld to satisfy tax obligations on vesting
Withholding reference price
$13.30 per share
Price per share used for tax-withholding disposition
Shares owned after award
8,487 shares
Direct ownership following reported transactions
Key Terms
restricted stock, 2021 Restricted Stock Plan, tax withholding obligations, grant, award, or other acquisition, +1 more
5 terms
restricted stock financial
"The reporting person received 500 restricted shares of Heartland Express, Inc. common stock as an award"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2021 Restricted Stock Plan financial
"as an award under the 2021 Restricted Stock Plan. The award vested immediately."
tax withholding obligations financial
"shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction code description: Payment of exercise price or tax liability by delivering securities"
FAQ
What did HTLD executive Kris Eric Eickman report in this Form 4?
Kris Eric Eickman reported a stock compensation event. He received 500 restricted shares of Heartland Express common stock that vested immediately, with 167 shares withheld to satisfy tax obligations, leaving him with 8,487 shares directly owned afterward.
What plan governed the restricted stock grant to HTLD’s VP of Information Technology?
The restricted stock grant was made under Heartland Express’s 2021 Restricted Stock Plan. According to the footnotes, Eickman received 500 restricted shares under this plan, and the award vested immediately on the transaction date reported in the Form 4.