Werner (WERN) director Scott Arves granted 3,025 restricted shares in equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Arves Scott C reported acquisition or exercise transactions in this Form 4 filing.

Werner Enterprises director Scott C. Arves received a grant of 3,025 shares of restricted common stock as equity compensation. The award was granted at no cash cost per share and is tied to his continued service on the company’s board.

The restricted stock will vest over time: 34% on May 12, 2027, followed by two annual installments of 33% each beginning May 12, 2028, becoming fully vested on May 12, 2029. After this grant, Arves directly holds a total of 17,513 shares of Werner Enterprises common stock, reflecting a routine, compensation-related increase rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Arves Scott C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,025	$0.00	--

Holdings After Transaction: Common Stock — 17,513 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock grant: 3,025 shares Post-transaction holdings: 17,513 shares Grant price per share: $0.00 per share +2 more

5 metrics

Restricted stock grant 3,025 shares Awarded May 12, 2026 under equity plan

Post-transaction holdings 17,513 shares Common stock held directly after grant

Grant price per share $0.00 per share Compensation grant, not open-market purchase

Initial vesting tranche 34% Vests May 12, 2027, one year after grant date

Remaining vesting tranches 33% + 33% Annual vesting on May 12, 2028 and May 12, 2029

Key Terms

Restricted Stock, equity plan, vest, Board service

4 terms

Restricted Stock financial

"Restricted Stock awarded May 12, 2026 under stockholder approved equity plan."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

equity plan financial

"Restricted Stock awarded May 12, 2026 under stockholder approved equity plan."

An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.

vest financial

"This award shall vest subject to continued Board service, 34% on May 12, 2027..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Board service financial

"This award shall vest subject to continued Board service, 34% on May 12, 2027..."

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 04:09 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arves Scott C

(Last)

(First)

(Middle)

P.O. BOX 45308

(Street)

OMAHA

NEBRASKA

68145

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WERNER ENTERPRISES INC [ WERN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		A		3,025⁽¹⁾	A	$0	17,513	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted Stock awarded May 12, 2026 under stockholder approved equity plan. This award shall vest subject to continued Board service, 34% on May 12, 2027 (1 year after the grant date) and two annual increments of 33% each beginning May 12, 2028. The award will become fully vested on May 12, 2029.

Remarks:

	/s/ Ronda Vencil by POA for Scott C. Arves	05/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Scott C. Arves report in this Werner (WERN) Form 4 filing?

Scott C. Arves reported receiving 3,025 shares of restricted common stock in Werner Enterprises. This was a compensation-related equity award, not an open-market purchase or sale, and increased his directly held shares after the transaction to 17,513.

Is the Scott C. Arves Werner (WERN) Form 4 transaction a stock purchase or sale?

The filing shows an acquisition through a grant of restricted stock, not a market purchase or sale. Code A indicates a grant or award, and the shares were issued at a stated price of $0.00 per share under a stockholder-approved equity plan.

How many Werner (WERN) shares did Scott C. Arves receive and now hold?

Scott C. Arves received 3,025 restricted shares of Werner Enterprises common stock. Following this award, he directly holds 17,513 shares in total, according to the Form 4 data, reflecting a routine adjustment to his equity-based compensation holdings.

What is the vesting schedule for Scott C. Arves’ Werner (WERN) restricted stock?

The 3,025 restricted shares vest over three years, contingent on continued board service. The award vests 34% on May 12, 2027, then 33% on May 12, 2028, and the remaining 33% on May 12, 2029, when it becomes fully vested.

Was the Werner (WERN) restricted stock grant to Scott C. Arves part of an equity plan?

Yes, the restricted stock was awarded under a stockholder-approved equity plan. The footnote explains the grant occurred on May 12, 2026, and that vesting is conditioned on continued board service over the multi-year vesting schedule ending May 12, 2029.