[SCHEDULE 13G/A] Heartland Express Inc SEC Filing

Rhea-AI Filing Summary

Heartland Express (HTLD) Schedule 13G/A: Four reporting persons—Ann S. Gerdin, the Ann S. Gerdin Revocable Trust, Julie J. Durr and Angela K. Janssen—report shared beneficial ownership of Heartland Express common stock. The filing shows Ann S. Gerdin (via trust and GFI) directly associated with 16,401,352 shares (21.2%). Julie J. Durr may be deemed to beneficially own 26,942,056 shares (34.8%). Angela K. Janssen may be deemed to beneficially own 27,436,618 shares (35.4%). Percentages are calculated using 77,408,229 shares outstanding as of August 6, 2025. The reporting persons state shared voting and dispositive power over many shares and include disclaimers where they lack sole control.

Positive

• Material ownership disclosed: Reporting persons declare large stakes (21.2%–35.4%), providing transparency to investors
• Detailed ownership breakdown: Shares are itemized by trust, partnership and individual holdings
• Clear calculation basis: Percentages reference 77,408,229 shares outstanding as of August 6, 2025

Negative

• Shared control and disclaimers: Multiple disclaimers and shared voting/dispositive arrangements limit claims of sole control, which may complicate assessment of actual decision-making power
• Concentration risk: Significant concentrated ownership by related parties could reduce public float and affect minority shareholder dynamics

Insights

Financial Analyst

TL;DR: Large insider-related holdings reported; several individuals/trusts control sizable, potentially influential stakes exceeding 20%-35%.

The Schedule 13G/A discloses material concentrated ownership within the Gerdin-related group and two named individuals. Holdings of 21.2% for the Gerdin-related reporting person and up to 35.4% for an individual reporting person are significant relative to the 77.4 million share base cited. These positions could influence corporate decisions due to scale and shared voting power. The filing also clarifies that some ownership is held through trusts and a family partnership, with disclaimers limiting claims of sole dispositive power.

Corporate Governance Expert

TL;DR: Disclosure is detailed on voting/dispositive arrangements; governance implications depend on co-trustee and co-general partner consent requirements.

The filing appropriately identifies ownership through revocable trusts, Heartland Trusts, and a family limited partnership, and it explains shared control and disclaimers where co-trustee or co-general partner consent is required. From a governance perspective, the presence of shared voting and dispositive power plus documented disclaimers is important: it signals concentrated family-aligned ownership but also internal controls on unilateral action. The detail supports investor transparency about who may influence corporate votes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 20)

HEARTLAND EXPRESS, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

422347104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 422347104

1

Names of Reporting Persons

Gerdin Ann S

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 16,401,352.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 16,401,352.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

16,401,352.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

21.2 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage indicated in Row (11) is based on 77,408,229 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2025, as filed with the Securities and Exchange Commission on August 8, 2025.

SCHEDULE 13G

CUSIP No. 422347104

1

Names of Reporting Persons

Ann S. Gerdin Revocable Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

IOWA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 16,401,352.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 16,401,352.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

16,401,352.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

21.2 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage indicated in Row (11) is based on 77,408,229 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2025, as filed with the Securities and Exchange Commission on August 8, 2025.

SCHEDULE 13G

CUSIP No. 422347104

1

Names of Reporting Persons

Durr Julie J

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,252,924.00
6	Shared Voting Power 25,689,132.00
7	Sole Dispositive Power 1,252,924.00
8	Shared Dispositive Power 25,689,132.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,942,056.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

34.8 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage indicated in Row (11) is based on 77,408,229 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2025, as filed with the Securities and Exchange Commission on August 8, 2025.

SCHEDULE 13G

CUSIP No. 422347104

1

Names of Reporting Persons

Janssen Angela K

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,738,673.00
6	Shared Voting Power 25,697,945.00
7	Sole Dispositive Power 1,738,673.00
8	Shared Dispositive Power 25,697,945.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

27,436,618.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

35.4 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage indicated in Row (11) is based on 77,408,229 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2025, as filed with the Securities and Exchange Commission on August 8, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HEARTLAND EXPRESS, INC.
(b)	Address of issuer's principal executive offices: 901 Heartland Way, North Liberty, Iowa, 52317
Item 2.
(a)	Name of person filing: This Schedule 13G/A is being filed on behalf of (i) Ann S. Gerdin, (ii) the Ann S. Gerdin Revocable Trust, (iii) Julie J. Durr, and (iv) Angela K. Janssen (collectively, the "Reporting Persons").
(b)	Address or principal business office or, if none, residence: The principal business office of the Reporting Persons is 901 Heartland Way, North Liberty, IA 52317.
(c)	Citizenship: Ann S. Gerdin, Julie J. Durr, and Angela K. Janssen: United States of America. The Ann S. Gerdin Revocable Trust: Iowa.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 422347104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Ann S. Gerdin may be deemed to be the beneficial owner of 14,465,076 shares of Common Stock owned by the Ann S. Gerdin Revocable Trust and 1,936,276 shares of Common Stock owned by Gerdin Family Investments, LP ("GFI"). Ann S. Gerdin, Michael J. Gerdin, Julie J. Durr, and Angela K. Janssen serve as co-trustees of the Ann S. Gerdin Revocable Trust and have shared voting and dispositive power over shares held by such trust. As co-general partner of GFI, the Ann S. Gerdin Revocable Trust has shared voting and dispositive power over the shares owned by GFI. Beneficial ownership is disclaimed, because as one of the co-general partners, the Ann S. Gerdin Revocable Trust does not have the power to vote or dispose of those shares without the consent of at least one other co-general partner. The Ann S. Gerdin Revocable Trust may be deemed to be the beneficial owner of 14,465,076 shares of Common Stock and 1,936,276 shares of Common Stock owned by GFI. Ann S. Gerdin, Michael J. Gerdin, Julie J. Durr, and Angela K. Janssen serve as co-trustees of the Ann S. Gerdin Revocable Trust and have shared voting and dispositive power over shares held by such trust. As co-general partner of GFI, the Ann S. Gerdin Revocable Trust has shared voting and dispositive power over the shares owned by GFI. Beneficial ownership is disclaimed, because as one of the co-general partners, the Ann S. Gerdin Revocable Trust does not have the power to vote or dispose of those shares without the consent of at least one other co-general partner. Julie J. Durr may be deemed to be the beneficial owner of 26,942,056 shares of Common Stock, comprised of (i) 1,214,500 shares of Common Stock owned by the Julie J. Durr Revocable Trust, over which Mrs. Durr serves as trustee, (ii) 38,424 shares of Common Stock owned by trusts established for the benefit of Mrs. Durr's children, over which Mrs. Durr serves as trustee, (iii) 14,465,076 shares of Common Stock owned by the Ann S. Gerdin Revocable Trust, (iv) 5,003,805 shares of Common Stock owned by the 2007 Gerdin Heartland Trust, (v) 4,283,975 shares of Common Stock owned by the 2009 Gerdin Heartland Trust, and (vi) 1,936,276 shares owned by GFI. Mrs. Durr is one of the co-trustees of the Ann S. Gerdin Revocable Trust. Mrs. Durr is one of the co-trustees of the 2007 Gerdin Heartland Trust and the 2009 Gerdin Heartland Trust (collectively, the "Heartland Trusts"). Mrs. Durr disclaims beneficial ownership of the shares owned by the Heartland Trusts, because as one of the co-trustees, she does not have the power to vote or dispose of those shares without the consent of the other co-trustees. Mrs. Durr is a co-general partner of GFI and has shared voting and dispositive power over the shares owned by GFI. Mrs. Durr disclaims beneficial ownership of the shares owned by GFI, because as one of the co-general partners, she does not have the power to vote or dispose of those shares without the consent of at least one other co-general partner. Angela K. Janssen may be deemed to be the beneficial owner of 27,436,618 shares of Common Stock, comprised of (i) 1,700,249 shares of Common Stock owned by the Angela K. Janssen Revocable Trust, over which Mrs. Janssen serves as trustee, (ii) 38,424 shares of Common Stock owned by trusts established for the benefit of Mrs. Janssen's children, over which Mrs. Janssen serves as trustee, (iii) 14,465,076 shares of Common Stock owned by the Ann S. Gerdin Revocable Trust, (iv) 5,003,805 shares of Common Stock owned by the 2007 Gerdin Heartland Trust, (v) 4,283,975 shares of Common Stock owned by the 2009 Gerdin Heartland Trust, (vi) 1,936,276 shares owned by GFI, and (vii) 8,813 shares of Common Stock owned by Mrs. Janssen's husband. Mrs. Janssen is one of the co-trustees of the Ann S. Gerdin Revocable Trust. Mrs. Janssen is one of the co-trustees of the Heartland Trusts. Mrs. Janssen disclaims beneficial ownership of the shares owned by the Heartland Trusts, because as one of the co-trustees, she does not have the power to vote or dispose of those shares without the consent of the other co-trustees. Mrs. Janssen is a co-general partner of GFI and has shared voting and dispositive power over the shares owned by GFI. Mrs. Janssen disclaims beneficial ownership of the shares owned by GFI, because as one of the co-general partners, she does not have the power to vote or dispose of those shares without the consent of at least one other co-general partner. Beneficial ownership in the foregoing shares is disclaimed except to the extent of each such Reporting Person's pecuniary interest.
(b)	Percent of class: See Row (11) of each Reporting Person's cover page. The percentage indicated in Row (11) of each Reporting Person's cover page is based on 77,408,229 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2025, as filed with the Securities and Exchange Commission on August 8, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row (5) of each Reporting Person's cover page.
	(ii) Shared power to vote or to direct the vote: See Row (6) of each Reporting Person's cover page.
	(iii) Sole power to dispose or to direct the disposition of: See Row (7) of each Reporting Person's cover page.
	(iv) Shared power to dispose or to direct the disposition of: See Row (8) of each Reporting Person's cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Gerdin Ann S

Signature:	/s/ Ann S. Gerdin, by Chris Strain, pursuant to power of attorney filed herewith
Name/Title:	Ann S. Gerdin
Date:	08/14/2025

Ann S. Gerdin Revocable Trust

Signature:	/s/ Ann S. Gerdin, by Chris Strain, pursuant to power of attorney filed herewith
Name/Title:	Ann S. Gerdin, co-trustee of the Ann S. Gerdin Revocable Trust
Date:	08/14/2025

Durr Julie J

Signature:	/s/ Julie J. Durr, by Chris Strain, pursuant to power of attorney filed herewith
Name/Title:	Julie J. Durr
Date:	08/14/2025

Janssen Angela K

Signature:	/s/ Angela K. Janssen, by Chris Strain, pursuant to power of attorney filed herewith
Name/Title:	Angela K. Janssen
Date:	08/14/2025

Exhibit Information

Exhibit 99.1 Joint Filing Agreement Exhibit 99.2 Power of Attorney- Ann S. Gerdin Exhibit 99.3 Power of Attorney- Ann S. Gerdin Revocable Trust Exhibit 99.4 Power of Attorney- Julie J. Durr Exhibit 99.5 Power of Attorney- Angela K. Janssen

FAQ

How many Heartland Express (HTLD) shares does Ann S. Gerdin report beneficially owning?

Ann S. Gerdin is associated with 16,401,352 shares, representing 21.2% of the 77,408,229 shares outstanding used for the filing calculation.

What percent of HTLD does Julie J. Durr report as beneficial ownership?

Julie J. Durr may be deemed to beneficially own 26,942,056 shares, equal to 34.8% of the referenced outstanding shares.

Why do the reporting persons include disclaimers about beneficial ownership?

The filing states trusts and a family partnership involve co-trustees or co-general partners, and the reporting persons disclaim sole beneficial ownership where consent of others is required to vote or dispose of shares.

What share total and date are used to calculate the reported percentages?

Percentages are based on 77,408,229 shares outstanding as of August 6, 2025, per the issuers quarter-end filing for June 30, 2025.

Do the reporting persons claim sole voting power over the shares?

No. The filing shows substantial shared voting and dispositive power and states sole voting power figures of zero for some reporting persons where applicable.