Form 4: Werner Enterprises Director Scott C. Arves Reports Stock Award and Disposal

Director Scott C. Arves of Werner Enterprises reports acquisition of restricted stock and disposal of common stock on May 13, 2025.

Summary

• On May 13, 2025, Scott C. Arves, a director of Werner Enterprises, acquired 3,706 shares of common stock as a restricted stock award.
• The award was granted under a stockholder-approved equity plan.
• Arves also disposed of 3,706 shares of common stock.
• Following these transactions, Arves directly owns 14,488 shares of Werner Enterprises.
• The restricted stock vests over three years, with 34% vesting on May 13, 2026, and 33% vesting on May 13, 2027 and May 13, 2028.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The restricted stock award aligns the director's interests with the long-term performance of the company.
• The vesting schedule incentivizes continued service on the board.

Future Outlook

The vesting schedule of the restricted stock award suggests an expectation of continued board service by Scott C. Arves.

Industry Context

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

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service on the board, potentially benefiting the company and its stakeholders.

Key Dates

Keywords

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