Packer Martha Gayle 4

What Happened
Martha Gayle Packer, a director of Werner Enterprises (WERN), received an award of 3,025 restricted shares on May 12, 2026. The grant was reported as an award/acquisition (code A) at an acquisition price of $0.00 (no cash paid at grant).

Key Details

• Transaction date: May 12, 2026; Filing date: May 14, 2026 (filed within the Form 4 reporting window).
• Shares granted: 3,025 restricted shares; reported acquisition price: $0.00.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: Award vests subject to continued board service — 34% on May 12, 2027, then two annual installments of 33% on May 12, 2028 and May 12, 2029 (fully vested May 12, 2029).
• Transaction code: A (award/grant).

Context
Restricted stock awards are common board compensation and typically vest over time, so these shares are not immediately liquid. Such awards are disclosure of compensation, not a purchase or sale indicating a trading preference. This filing appears timely (filed two days after the grant).