Werner EVP reports tax-withholding share disposition
Werner Enterprises executive Craig T. Callahan reported an automatic share disposition to cover taxes on vested stock awards.
Rhea-AI Filing Summary
Werner Enterprises executive Craig T. Callahan reported an automatic share disposition to cover taxes on vested stock awards. On February 9, 2026, 696 shares of common stock were withheld at $35.57 per share to satisfy tax withholding obligations tied to the vesting of 1,505 restricted shares granted on February 9, 2024. After this tax-withholding disposition, Callahan directly beneficially owned 64,383.822 shares of Werner Enterprises common stock.
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Insider Trade Summary
Exercise Price or Tax Liability: 696 shares
Exercise Price or Tax Liability
1 txn
Insider
CALLAHAN CRAIG T
Role
Exec VP-Chief Commercial Offcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 696 | $35.57 | $25K |
Holdings After Transaction:
Common Stock — 64,383.822 shares (Direct)
Footnotes (1)
- F1. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,505 shares of restricted stock granted to the reporting person on February 9, 2024.
FAQ
What insider transaction did WERN executive Craig T. Callahan report on this Form 4?
Craig T. Callahan reported a tax-withholding disposition of 696 shares of Werner Enterprises common stock. The shares were withheld at $35.57 each to satisfy tax obligations arising from the vesting of 1,505 restricted stock shares granted on February 9, 2024.
Was the WERN Form 4 transaction an open-market sale by Craig T. Callahan?
The reported transaction was not an open-market sale. It was a tax-withholding disposition coded “F,” where 696 shares were used to cover tax liabilities triggered by the vesting of previously granted restricted stock, rather than a discretionary sale into the market.
What triggered the tax-withholding disposition reported by WERN insider Craig T. Callahan?
The disposition was triggered by the vesting of 1,505 restricted stock shares granted on February 9, 2024. When these restricted shares vested on February 9, 2026, 696 shares were withheld to satisfy the resulting tax withholding obligations for the reporting person.
What role does Craig T. Callahan hold at Werner Enterprises (WERN)?
Craig T. Callahan serves as Executive Vice President and Chief Commercial Officer at Werner Enterprises. His status as an officer requires reporting changes in his beneficial ownership of company stock, including tax-withholding dispositions related to equity award vesting events.
AI-generated analysis. How Rhea-AI works. Not financial advice.