Form 4: Werner Enterprises Executive VP James Johnson Reports Stock Disposal for Tax Obligations

Executive VP James Lynn Johnson of Werner Enterprises reports disposing of 684 shares of common stock to cover tax withholding obligations related to vesting restricted stock.

Summary

• On February 23, 2024, James Lynn Johnson, Executive VP and Chief Accounting Officer of Werner Enterprises, disposed of 684 shares of common stock.
• The transaction was executed to cover tax withholding obligations associated with the vesting of 1,478 shares of restricted stock granted on February 23, 2023.
• The shares were disposed of at a price of $40.72 per share.
• Following the transaction, Johnson beneficially owns 95,070.726 shares of Werner Enterprises common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a common transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates