Werner director receives 3,025 restricted shares
Arves Scott C reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,025 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock financial
equity plan financial
vest financial
Board service financial
FAQ
What did Scott C. Arves report in this Werner (WERN) Form 4 filing?
Is the Scott C. Arves Werner (WERN) Form 4 transaction a stock purchase or sale?
What is the vesting schedule for Scott C. Arves’ Werner (WERN) restricted stock?
Was the Werner (WERN) restricted stock grant to Scott C. Arves part of an equity plan?
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