JOHNSON JAMES LYNN 4
Research Summary
AI-generated summary
Werner (WERN) Exec VP James L. Johnson Sells 809 Shares for Taxes
What Happened
- James L. Johnson, Executive Vice President and Chief Accounting Officer of Werner Enterprises, had 809 shares disposed on 2026-02-09 to satisfy tax withholding related to the vesting of restricted stock. The shares were disposed at $35.57 each, for proceeds of $28,776. This was a tax-withholding disposition (Form 4 code F), not an open-market “sell” for investment purposes.
Key Details
- Transaction date: 2026-02-09; Form filed: 2026-02-11 (timely)
- Transaction type/code: Payment of tax liability / withholding (F)
- Shares disposed: 809 at $35.57 per share; total $28,776
- Related vesting: Footnote F1 — withholding to satisfy taxes on 1,749 restricted shares that vested (granted 02/09/2024)
- Shares owned after transaction: Not stated in this filing
- Filing timeliness: Filed within the Form 4 reporting window (not late)
Context
- This was a routine tax-withholding disposition tied to RSU vesting (a common administrative action) and does not necessarily indicate a change in the insider’s view of the company. Purchases or open-market sales typically provide clearer signals about insider sentiment than tax-withholding share disposals.