Werner EVP uses 941 shares for tax withholding
Werner Enterprises executive Eric J. Downing, Exec VP and COO, reported a tax-related share disposition.
Rhea-AI Filing Summary
Werner Enterprises executive Eric J. Downing, Exec VP and COO, reported a tax-related share disposition. On February 9, 2026, 941 shares of common stock were disposed of at $35.57 per share to satisfy tax withholding obligations tied to the vesting of 2,034 restricted stock shares granted on February 9, 2024.
After this tax-withholding disposition, Downing directly beneficially owned 52,046.244 shares of Werner Enterprises common stock.
Positive
- None.
Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 941 shares
Exercise Price or Tax Liability
1 txn
Insider
DOWNING ERIC J
Role
Exec VP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 941 | $35.57 | $33K |
Holdings After Transaction:
Common Stock — 52,046.244 shares (Direct)
Footnotes (1)
- F1. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,034 shares of restricted stock granted to the reporting person on February 9, 2024.
FAQ
What did Werner Enterprises (WERN) disclose about Eric J. Downing’s Form 4 transaction?
Werner Enterprises reported that Exec VP and COO Eric J. Downing had 941 common shares disposed of on February 9, 2026. The shares were used to cover tax withholding on vesting of 2,034 restricted stock shares granted on February 9, 2024.
What does transaction code F mean in the Werner (WERN) Form 4 for Eric J. Downing?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay an exercise price or tax liability. In this case, 941 shares were used to cover taxes due on vesting of 2,034 restricted stock shares previously granted to Downing.
AI-generated analysis. How Rhea-AI works. Not financial advice.