Form 4: Werner Enterprises Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nathan J. Meisgeier, President and CLO of Werner Enterprises, sold 433 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On February 23, 2024, Nathan J. Meisgeier, President and CLO of Werner Enterprises, sold 433 shares of common stock.
- The sale was executed at a price of $40.72 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of 1,478 shares of restricted stock granted on February 23, 2023.
- Following the transaction, Meisgeier directly owns 50,740.555 shares of Werner Enterprises.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders buy or sell their company's stock. This particular filing relates to a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date of restricted stock grant (1,478 shares). |
| 02/23/2024 | Date of stock sale (433 shares) to cover tax obligations. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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