Werner (WERN) Director Paul Hoelting Receives Restricted Stock Award

What Happened

Paul A. Hoelting, a director of Werner Enterprises, received a grant of 2,058 restricted shares on August 7, 2026. The shares were awarded with a $0.00 acquisition price (no cash paid), so the reported transaction value is $0. This transaction is an award/grant (Form 4 transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-07; filing date: 2026-08-10 (filed within the SEC’s two-business-day Form 4 deadline).
• Shares granted: 2,058; price: $0.00; reported cash value: $0.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: Restricted stock vests based on continued Board service — 34% vests on 8/7/2027, then two annual increments of 33% on 8/7/2028 and 8/7/2029; fully vested 8/7/2029.
• Transaction code: A (award/grant).

Context

This is a compensation-related restricted stock award tied to board service, not a market purchase or sale. Such grants are routine for directors and reflect compensation rather than an immediate buy or sell signal; vesting is time-based and contingent on continued service.