Form 4: Werner Enterprises Exec VP Christopher Wikoff Reports Stock Transaction
SEC Filing Form 4
Christopher D. Wikoff, Executive VP, Treasurer & CFO of Werner Enterprises, reports disposition of shares to cover tax obligations related to vesting of restricted stock.
Summary
- Christopher D. Wikoff, an Executive VP, Treasurer & CFO at Werner Enterprises, filed a Form 4.
- The form reports a transaction that occurred on May 9, 2024.
- Wikoff disposed of 2,130 shares of common stock at a price of $36.99.
- This disposition was to cover tax withholding obligations related to the vesting of 4,601 shares of restricted stock granted on May 9, 2023.
- Following the transaction, Wikoff beneficially owns 26,177 shares of Werner Enterprises.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/09/2023 | Date of restricted stock grant (4,601 shares). |
| 05/09/2024 | Date of stock disposition to cover tax obligations. |
| 05/13/2024 | Date of Form 4 filing. |
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