Werner Enterprises (WERN) director gets 3,025 restricted shares grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WELLMAN ALEXI reported acquisition or exercise transactions in this Form 4 filing.
Werner Enterprises director Alexi Wellman reported a grant of 3,025 shares of restricted common stock. The award was granted on May 12, 2026 under a stockholder-approved equity plan at no cash cost and increases her direct holdings to 15,963 shares.
The restricted shares vest over three years, subject to continued Board service: 34% on May 12, 2027, then two annual increments of 33% each beginning May 12, 2028, with full vesting on May 12, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WELLMAN ALEXI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,025 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,963 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 3,025 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 15,963 shares
+3 more
6 metrics
Restricted stock grant
3,025 shares
Common Stock awarded May 12, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the restricted stock award
Shares owned after grant
15,963 shares
Total direct common stock holdings following the transaction
First vesting tranche
34% of 3,025 shares
Scheduled to vest on May 12, 2027
Second vesting tranche
33% of 3,025 shares
Scheduled to vest on May 12, 2028
Final vesting tranche
33% of 3,025 shares
Scheduled to vest on May 12, 2029; fully vested then
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..."
FAQ
What insider transaction did Alexi Wellman report for WERN on May 12, 2026?
Alexi Wellman reported receiving 3,025 shares of restricted common stock as a grant. The award was made under a stockholder-approved equity plan and increased her direct holdings to 15,963 shares in Werner Enterprises.
Is Alexi Wellman’s Form 4 for WERN a purchase or a compensation grant?
The filing describes the transaction as a grant or award acquisition of 3,025 restricted shares. It is compensation-related restricted stock under a stockholder-approved equity plan, not an open-market share purchase or sale transaction.