WERN Form 4 reports disposition transactions
Mahon Daragh P reported disposition transactions in a Form 4 filing for WERN.
Rhea-AI Filing Summary
Mahon Daragh P reported disposition transactions in a Form 4 filing for WERN. The filing lists transactions totaling 753 shares at a weighted average price of $35.57 per share. Following the reported transactions, holdings were 35,565 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 753 shares
Exercise Price or Tax Liability
1 txn
Insider
Mahon Daragh P
Role
Executive Vice President & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 753 | $35.57 | $27K |
Holdings After Transaction:
Common Stock — 35,564.537 shares (Direct)
Footnotes (1)
- F1. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,627 shares of restricted stock granted to the reporting person on February 9, 2024.
FAQ
What insider transaction did WERN executive Daragh Mahon report?
Daragh P. Mahon reported a tax-withholding disposition of 753 Werner Enterprises shares. These shares were withheld to satisfy taxes due on vesting of 1,627 restricted shares granted to him on February 9, 2024, rather than being sold on the open market.
Was the WERN insider transaction an open-market sale or tax withholding?
The transaction was tax withholding rather than an open-market sale. It is coded F on the Form 4, indicating shares were delivered to satisfy tax liability from the vesting of 1,627 restricted shares, not sold by Mahon in a discretionary market trade.
What is Daragh Mahon’s role at Werner Enterprises (WERN)?
Daragh P. Mahon serves as Executive Vice President & Chief Information Officer at Werner Enterprises. His Form 4 filing reflects a routine tax-withholding share disposition linked to equity compensation vesting, while he continues to hold over thirty-five thousand shares of company stock directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.