Form 4: Heartland Express COO Kent Daryl Rigdon Reports Stock Transaction
SEC Form 4 Filing
Chief Operating Officer of Heartland Express, Kent Daryl Rigdon, reports a transaction involving common stock to cover tax obligations.
Summary
- On April 1, 2025, Kent Daryl Rigdon, the Chief Operating Officer of Heartland Express Inc. (HTLD), engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 78 shares to satisfy tax obligations upon the vesting of restricted stock.
- The price per share for the transaction was $9.3.
- Following the transaction, Rigdon directly owns 2,316 shares of Heartland Express Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock transaction. |
| 04/03/2025 | Date of signature for the report. |
Keywords
Form 4, Insider Trading, Stock Transaction, Heartland Express, HTLD, Kent Daryl Rigdon, Chief Operating Officer, Tax Withholding, Restricted Stock
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