HEARTLAND EXPRESS INC 8-K

What Happened
Heartland Express, Inc. (HTLD) filed an 8‑K (Item 5.02) reporting that David P. Millis, President of subsidiary Millis Transfer and a director of Heartland Express, informed the company on April 16, 2026 that he will retire as President of Millis Transfer effective April 24, 2026. Mr. Millis will remain on Heartland’s board of directors following his retirement.

Key Details

• Retirement notice date: April 16, 2026; effective retirement date: April 24, 2026.
• Cash and benefits: Mr. Millis will receive $66,766 in compensation and insurance benefits.
• Equity: Mr. Millis will receive 4,866 shares of Heartland common stock.
• Board role and pay: He will continue as a company director and, effective upon his retirement, will be eligible for the same non‑employee director compensation described in Heartland’s 2026 proxy.

Why It Matters
This is a leadership change at Heartland’s Millis Transfer subsidiary but not a board departure—investors retain continuity at the corporate board level. The company disclosed the one‑time cash/benefit payment and stock award amounts, and confirmed he will receive standard non‑employee director compensation going forward. These are discrete, disclosed items that affect corporate governance and represent a known, limited compensation cost disclosed in the 8‑K.