Form 4: Werner Enterprises Exec VP James Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James Lynn Johnson, Executive VP and Chief Accounting Officer of Werner Enterprises, reports multiple acquisitions and disposals of common stock related to tax withholding obligations.
Summary
- James Lynn Johnson, an Executive VP and Chief Accounting Officer at Werner Enterprises, filed a Form 4 detailing changes in beneficial ownership.
- The report includes several acquisitions of Werner Enterprises 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 satisfy tax withholding obligations related to vesting restricted stock.
- Following these transactions, Johnson directly owns 94,487.814 shares of Werner Enterprises common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions related to compensation and tax obligations, with no clear positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.
Comparison to Industry Standards
- Monitoring insider transactions is a standard practice in financial analysis to gauge executive sentiment and potential future performance.
- Comparing Johnson's transactions to those of executives at similar transportation companies like JB Hunt or Knight-Swift could provide additional context, but this document alone doesn't offer enough information for a comprehensive comparison.
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 624 shares of Werner Enterprises common stock for tax withholding. |
| 02/09/2025 | Disposal of 834 shares of Werner Enterprises common stock for tax withholding. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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