Form 4: Werner Enterprises Director Jack A. Holmes Reports Stock Award

Director Jack A. Holmes of Werner Enterprises reports the acquisition of 3,706 shares of restricted stock on May 13, 2025, as part of a stockholder-approved equity plan.

Summary

• On May 13, 2025, Jack A. Holmes, a director of Werner Enterprises Inc., acquired 3,706 shares of common stock.
• These shares were awarded as restricted stock under a stockholder-approved equity plan.
• The restricted stock vests over a period of three years, with 34% vesting on May 13, 2026, and two subsequent annual increments of 33% each, beginning May 13, 2027, and fully vesting on May 13, 2028.
• Following the transaction, Holmes directly owns 13,203 shares of Werner Enterprises Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with shareholders.

Positives

• The stock award aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment and performance.

Future Outlook

The vesting schedule indicates an expectation of continued board service from the director.

Industry Context

Stock awards are a common form of executive compensation in the transportation industry, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Werner Enterprises' executive compensation practices, including stock awards, are generally in line with industry peers such as Knight-Swift Transportation and J.B. Hunt Transport Services.
• These companies often use a mix of salary, bonus, and equity-based compensation to incentivize and retain key personnel.
• The vesting schedules are also typical, designed to promote long-term commitment.

Stakeholder Impact

• The stock award incentivizes the director to act in the best interests of the shareholders.
• The vesting schedule encourages long-term value creation.

Key Dates

Keywords

Werner Enterprises, Director, Stock Award, Restricted Stock, Equity Plan, Beneficial Ownership, Form 4, WERN