Heartland Express director granted 5,000 shares
Pratt’s revocable trust was awarded 5,000 HTLD shares at a reported $0.00 price, boosting its indirect holding to 35,000.
Rhea-AI Filing Summary
HEARTLAND EXPRESS INC (HTLD) director James G. Pratt reported an acquisition of company stock through a trust. On August 31, 2026, a revocable trust associated with him received a grant or award of 5,000 shares of HEARTLAND EXPRESS common stock at a reported price of $0.00 per share. After this award, the trust held 35,000 shares of HEARTLAND EXPRESS common stock indirectly for Pratt. No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,000 shares
Grant/Award
1 txn
Insider
PRATT JAMES G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 35,000 shares (Indirect, By Trust)
Footnotes (1)
- F1. Shares held in revocable trust.
Key Figures
Shares acquired: 5,000 shares
Price per share for award: $0.00 per share
Shares held after transaction: 35,000 shares
+1 more
4 metrics
Shares acquired
5,000 shares
Grant or award of HEARTLAND EXPRESS common stock on August 31, 2026
Price per share for award
$0.00 per share
Reported for the 5,000-share grant or award
Shares held after transaction
35,000 shares
Indirectly held by revocable trust associated with James G. Pratt after the award
Number of acquire-type transactions
1 transaction
Non-derivative acquisition reported in this Form 4
Key Terms
revocable trust, indirect ownership, grant or award acquisition, Rule 10b5-1
4 terms
revocable trust financial
"Shares held in revocable trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"total shares following transaction were 35,000, reported as indirect ownership"
grant or award acquisition financial
"The transaction is described as a grant or award acquisition of 5,000 shares"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did HTLD director James G. Pratt report?
Director James G. Pratt reported a grant or award acquisition of 5,000 shares of HEARTLAND EXPRESS common stock on August 31, 2026, held indirectly through a revocable trust.
Was the HTLD insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for the reported transaction involving 5,000 HEARTLAND EXPRESS shares acquired by the revocable trust.
Is James G. Pratt’s ownership in HTLD direct or indirect?
The reported holdings are indirect. The 35,000 HEARTLAND EXPRESS shares are held by a revocable trust, as disclosed in the Form 4 footnote and ownership nature field.
AI-generated analysis. How Rhea-AI works. Not financial advice.