HEARTLAND EXPRESS INC·4

May 18, 5:56 PM ET

Rigdon Kent Daryl 4

Research Summary

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Updated

Heartland Express (HTLD) COO Rigdon Kent Daryl Receives 500-Share Award

What Happened
Rigdon Kent Daryl, Chief Operating Officer of Heartland Express, received a grant of 500 restricted shares on 2026-05-15 under the company's 2021 Restricted Stock Plan. The award vested immediately (no cash paid for the grant). To satisfy tax withholding on the vesting, 167 shares were withheld/disposed at $13.30 per share (total value $2,221). Net shares issued to the insider after withholding were 333 shares. This is an issuance/award (not a market purchase or sale).

Key Details

  • Transaction date: 2026-05-15; Form filed: 2026-05-18 (appears timely — within 2 business days).
  • Award: 500 restricted shares granted and vested immediately (code A; $0.00 acquisition price).
  • Tax withholding: 167 shares withheld (code F) at $13.30 each; withholding value = $2,221.
  • Net shares received by the insider: 500 − 167 = 333 shares.
  • Footnotes: F1 confirms the 500 restricted shares were awarded and vested immediately; F2 explains 167 shares were withheld to satisfy tax withholding obligations.
  • Shares owned after the transaction: not specified in the summary information provided.

Context
This filing documents an equity award that vested and the routine withholding of shares for taxes. Such awards are common for compensation and do not necessarily signal a personal buy/sell decision by the insider. The withholding disposition (F) is administrative — shares were surrendered to cover taxes rather than sold on the open market.