Form 4: Werner Enterprises Exec VP James Johnson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
James Lynn Johnson, Exec VP and Chief Accounting Officer of Werner Enterprises, reports disposing of 664 shares of common stock to cover tax withholding obligations.
Summary
- On February 23, 2025, James Lynn Johnson, the Executive VP and Chief Accounting Officer of Werner Enterprises Inc. (WERN), disposed of 664 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of 1,435 shares of restricted stock granted on February 23, 2023.
- The shares were disposed of at a price of $33.7.
- Following the transaction, Johnson directly owns 99,820.814 shares of Werner Enterprises Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date of restricted stock grant to the Reporting Person. |
| 02/23/2025 | Date of stock disposal to cover tax withholding obligations. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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