Welcome to our dedicated page for Heartland Expr SEC filings (Ticker: HTLD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Heartland Express, Inc. filings document formal disclosures for a truckload transportation company with common stock listed on Nasdaq under HTLD. The filing record includes Form 8-K reports for quarterly and annual operating results, dividend declarations, acquisition-related debt and finance lease obligations, common stock repurchases, operating ratios, cash flow, and other financial-condition disclosures.
Governance filings include definitive proxy materials covering director elections, board committee matters, executive compensation, pay-versus-performance metrics, and annual meeting proposals. Additional 8-K filings report officer and director changes, including governance matters tied to Millis Transfer and the integration of CFI's U.S. operations into Heartland Express.
Heartland Express, Inc. received an updated Schedule 13G/A showing significant family and trust ownership of its common stock. Ann S. Gerdin and the Ann S. Gerdin Revocable Trust each report beneficial ownership of 6,401,352 shares, or 8.3% of the outstanding common stock. Julie J. Durr reports beneficial ownership of 16,942,056 shares, or 21.9%, while Angela K. Janssen reports beneficial ownership of 17,436,618 shares, or 22.5%. These percentages are based on 77,447,537 shares of common stock outstanding as of November 6, 2025, as disclosed in the company’s Form 10-Q. The filing explains that much of this ownership is held through revocable trusts, Heartland family trusts, and Gerdin Family Investments, LP, with shared voting and dispositive power and stated disclaimers of beneficial ownership beyond each person’s pecuniary interest.
Heartland Express, Inc. reported weak fourth-quarter and full-year 2025 results, with lower revenue and wider losses amid a soft freight market and a trade name impairment.
For Q4 2025, operating revenue was $179.4 million and net loss was $19.4 million, or $0.25 per share. The operating ratio deteriorated to 112.7%, though non-GAAP adjusted operating ratio was 101.6% after excluding fuel surcharges, amortization, and a $19.0 million non-cash trade name impairment tied to unifying CFI with Heartland Express.
For 2025, operating revenue fell to $805.7 million from $1.0 billion in 2024, a 23.1% decline, and net loss increased to $52.5 million, or $0.67 per share. The full-year operating ratio was 107.1% and non-GAAP adjusted operating ratio was 104.7%. Despite the downturn, the company generated $89.3 million in operating cash flow, reduced debt and finance lease obligations to $159.8 million, repaid $41.2 million of debt in 2025, repurchased $10.4 million of stock, and maintained quarterly dividends of $0.02 per share.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 3,028,646 shares of Heartland Express Inc common stock, representing 3.91% of the class as of December 31, 2025. Vanguard reports no sole voting or dispositive power, with shared voting over 354,188 shares and shared dispositive power over all 3,028,646 shares.
The filing states these securities are held in the ordinary course of business and not to change or influence control of Heartland Express. Vanguard notes an internal realignment effective January 12, 2026, after which certain subsidiaries may report beneficial ownership separately while pursuing the same investment strategies.
Heartland Express, Inc. reported a leadership change connected to the ongoing integration of the U.S. operations of Contract Freighters, Inc. (“CFI”) into the company. Joshua Helmich has been appointed Chief Administrative Officer of Heartland Express, effective January 1, 2026, and will continue to serve as the company’s Secretary. As part of the CFI integration, he has ceased to serve as Senior Vice President and Chief Financial Officer of CFI as of December 31, 2025. This update highlights how Heartland is reshaping its management structure as it brings CFI’s operations more fully into the broader organization.
Heartland Express, Inc. reported that on December 16, 2025 it announced the declaration of a quarterly cash dividend. The announcement was made through a press release that is included as Exhibit 99.1.
The company also noted that its statements may include forward-looking information that involves risks and uncertainties, and directed readers to the press release and its other SEC filings and stockholder reports for a discussion of factors that could affect future results.
Heartland Express (HTLD) reported Q3 2025 results with operating revenue of $196.5 million and a net loss of $8.3 million. The operating ratio was 103.7%, reflecting cost pressures amid a soft freight market. Fuel surcharge revenue was $24.1 million, and gains on equipment and real estate sales were $6.7 million.
For the first nine months, revenue was $626.4 million with a net loss of $33.0 million and an operating ratio of 105.5%. Cash flow from operations was $74.4 million, supporting $97.0 million of capital purchases and $72.7 million of asset sale proceeds. Cash and cash equivalents were $32.7 million, with $174.9 million outstanding on the term facility and no draws on the revolver; $88.3 million remained available. Interest expense declined on lower average debt, and depreciation and amortization eased with fleet adjustments.
The company repurchased 0.2 million shares for $1.4 million in Q3 and paid a $0.02 per share dividend. Shares outstanding were 77,447,537 as of November 6, 2025.
Heartland Express, Inc. furnished an 8-K announcing its unaudited financial results for the quarter ended September 30, 2025. The company issued the press release on October 31, 2025.
The press release is attached as Exhibit 99.1 and incorporated by reference. The information in Items 2.02 and 9.01 is expressly furnished, not filed, and includes forward-looking statements subject to risks and uncertainties.
Heartland Express, Inc. (HTLD) disclosed an executive equity grant. On October 22, 2025, the Compensation Committee approved a restricted stock award under the Company’s 2021 Restricted Stock Award Plan.
David P. Millis, Director and President of Millis Transfer, received 11,947 shares, and the award vested immediately. This filing outlines a compensatory action for a named executive officer and does not describe additional transactions or changes.
Heartland Express (HTLD) reported an insider equity transaction for director and officer David Paul Millis. On 10/22/2025, he received 11,947 shares of common stock as a restricted stock award under the 2021 Restricted Stock Plan, which vested immediately. To satisfy tax withholding upon vesting, 3,929 shares were withheld at $8.37 per share. Following these transactions, he beneficially owned 56,736.92 shares of common stock, held directly.
Joshua Stefan Helmich, SVP and CFO of Heartland Express, reported on a Form 4 that 70 shares of Heartland Express Inc. (HTLD) were disposed of on 10/01/2025 at a price of $8.33 per share. The filing explains these shares were deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the reporting person. After the transaction, the filing shows the reporting person beneficially owned 7,613 shares directly. The Form 4 was signed by power of attorney and dated 10/03/2025.