Form 4: Werner Enterprises Exec VP Craig Callahan Reports Stock Transactions
SEC Form 4
Craig Callahan, Executive VP and Chief Commercial Officer of Werner Enterprises, reports multiple acquisitions and disposals of company stock related to tax withholding obligations.
Summary
- Craig Callahan, an Executive VP and Chief Commercial Officer at Werner Enterprises, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- The report includes several acquisitions of common stock between January 4, 2024, and October 23, 2024, at prices ranging from $34.9017 to $40.7441 per share.
- The report also includes disposals of common stock on February 7, 2025, and February 9, 2025, at a price of $34.44 per share to cover tax withholding obligations related to vesting restricted stock.
- Following these transactions, Callahan directly owns 58,699.479 shares of Werner Enterprises common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the buying and selling activities of company executives and directors. This allows the market to see if insiders are confident in the company's future.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 01/04/2024 | Acquisition of Werner Enterprises common stock. |
| 01/17/2024 | Acquisition of Werner Enterprises common stock. |
| 04/04/2024 | Acquisition of Werner Enterprises common stock. |
| 05/01/2024 | Acquisition of Werner Enterprises common stock. |
| 07/05/2024 | Acquisition of Werner Enterprises common stock. |
| 07/17/2024 | Acquisition of Werner Enterprises common stock. |
| 10/07/2024 | Acquisition of Werner Enterprises common stock. |
| 10/23/2024 | Acquisition of Werner Enterprises common stock. |
| 02/07/2025 | Disposal of shares to cover tax obligations related to vesting of restricted stock granted on February 7, 2022. |
| 02/09/2025 | Disposal of shares to cover tax obligations related to vesting of restricted stock granted on February 9, 2024. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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