Werner Enterprises (WERN) director shifts 2,696 shares in divorce settlement
Rhea-AI Filing Summary
Werner Enterprises director Jack A. Holmes reported an other disposition of 2,696 shares of common stock on 2026-07-27, coded as transaction type J. According to the footnote, the shares were transferred as part of a negotiated separation of assets in a divorce agreement, and Holmes disclaims beneficial ownership of the transferred shares. Following the transfer, he reports 13,532 shares of Werner Enterprises common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,696 shares
Net Sell
1 txn
Insider
HOLMES JACK A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 2,696 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,532 shares (Direct)
Footnotes (1)
- F1. Represents shares transferred in connection with a negotiated separation of assets in accordance with a divorce agreement. The reporting person disclaims beneficial ownership of the transferred shares.
Key Figures
Shares transferred: 2,696 shares
Shares owned after transaction: 13,532 shares
Per-share transaction price: $0.0000 per share
3 metrics
Shares transferred
2,696 shares
Common stock disposition on 2026-07-27, transaction code J
Shares owned after transaction
13,532 shares
Directly held Werner Enterprises common stock following the transfer
Per-share transaction price
$0.0000 per share
Reported price for the J-code transfer, reflecting non-market asset separation
Key Terms
beneficial ownership, negotiated separation of assets, divorce agreement
3 terms
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the transferred shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
negotiated separation of assets financial
"shares transferred in connection with a negotiated separation of assets"
divorce agreement other
"separation of assets in accordance with a divorce agreement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Jack A. Holmes report in this Form 4 for WERN?
Jack A. Holmes reported transferring 2,696 shares of Werner Enterprises common stock on 2026-07-27 as an other disposition under transaction code J.
What does transaction code J mean in this WERN Form 4 filing?
Transaction code J indicates an other acquisition or disposition of securities. Here, it reflects a share transfer related to a divorce asset separation, not an open-market trade.
Was the WERN Form 4 transaction by Jack A. Holmes under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not selected, and the footnote describes the transfer as part of a divorce agreement, not a pre-arranged trading plan.