Heartland Express (NASDAQ: HTLD) CFO granted 500 restricted shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Strain Christopher Alan reported acquisition or exercise transactions in this Form 4 filing.
Heartland Express Inc reported that its Vice President, CFO, and Treasurer, Christopher Alan Strain, received a grant of 500 shares of common stock. The award was issued as restricted stock under the 2021 Restricted Stock Plan and vested immediately. Following this compensation-related award, his direct holdings increased to 21,500 shares of Heartland Express common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Strain Christopher Alan
Role
Vice President/CFO/Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 500 shares
Grant price per share: $0.00 per share
Shares owned after grant: 21,500 shares
3 metrics
Restricted stock grant
500 shares
Award of common stock under 2021 Restricted Stock Plan
Grant price per share
$0.00 per share
Compensation-related award, not an open-market purchase
Shares owned after grant
21,500 shares
Direct holdings following the 500-share award
Key Terms
restricted shares, 2021 Restricted Stock Plan, vested immediately, grant, award, or other acquisition
4 terms
2021 Restricted Stock Plan financial
"common stock as an award under the 2021 Restricted Stock Plan."
vested immediately financial
"The award vested immediately."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did HTLD disclose for Christopher Alan Strain?
Heartland Express disclosed that Christopher Alan Strain received a grant of 500 shares of common stock as restricted stock. The award was issued as compensation under the 2021 Restricted Stock Plan and vested immediately, increasing his direct ownership to 21,500 shares.
Was the HTLD insider transaction an open-market purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. Christopher Alan Strain received 500 restricted shares at no stated purchase price under the 2021 Restricted Stock Plan, which vested immediately as part of his compensation package.