Mahon Daragh P 4
Research Summary
AI-generated summary
Werner (WERN) EVP/CIO Daragh P. Mahon Withholds 753 Shares
What Happened
- Daragh P. Mahon, Executive Vice President & Chief Information Officer of Werner Enterprises (WERN), had 753 shares disposed on Feb 9, 2026 to satisfy tax withholding obligations. The shares were valued at $35.57 each, for a total of $26,784. The withholding was tied to the vesting of 1,627 restricted shares granted on Feb 9, 2024 (net 874 shares delivered to the insider after withholding).
Key Details
- Transaction date and price: 2026-02-09, 753 shares at $35.57 each.
- Transaction type: Tax withholding related to RSU vesting (code F).
- Total value withheld: $26,784.
- Vesting referenced: 1,627 restricted shares granted Feb 9, 2024; 753 shares withheld to cover taxes.
- Shares owned after transaction: not specified in the provided filing.
- Filing: Reported on Feb 11, 2026 (covering the Feb 9 transaction); appears to be timely.
Context
- This was a routine tax-withholding disposition tied to the vesting of restricted stock, not an open-market sale intended as a liquidity or trading decision. Such withholdings are common when RSUs vest and generally do not signal insider sentiment about the company's stock.