Werner CFO covers taxes with share withholding
Werner Enterprises executive vice president, treasurer and CFO Christopher D. Wikoff reported a routine tax-withholding share disposition.
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Rhea-AI Filing Summary
Werner Enterprises executive vice president, treasurer and CFO Christopher D. Wikoff reported a routine tax-withholding share disposition. On this Form 4, 1,948 shares of common stock were withheld at $36.42 per share to satisfy tax obligations tied to the vesting of 4,601 restricted shares granted in May 2023.
After this non-market transaction, Wikoff directly holds 39,783 shares of Werner Enterprises common stock. The event reflects compensation-related tax settlement rather than an open-market purchase or sale decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,948 | $36.42 | $71K |
Footnotes (1)
- F1. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 4,601 shares of restricted stock granted to the Reporting Person on May 9, 2023.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WERN CFO Christopher Wikoff report on this Form 4?
Was the WERN Form 4 transaction an open-market sale of Werner Enterprises stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.