Michael J. Gerdin - Dec 11, 2023 Form 4 Insider Report for HEARTLAND EXPRESS INC (HTLD)

Role
Chief Executive Officer, Director, Co-Trustee of 10% Owner, 10%+ Owner
Signature
/S/Michael J. Gerdin
Stock symbol
HTLD
Transactions as of
Dec 11, 2023
Transactions value $
$1,148,147
Form type
4
Date filed
12/13/2023, 07:19 PM
Previous filing
Dec 5, 2023
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLD Common Stock Purchase $347K +24.8K +5.8% $13.98 453K Dec 11, 2023 Trustee of Trust F1, F2
transaction HTLD Common Stock Purchase $554K +39.7K $13.97 39.7K Dec 11, 2023 Spouse is Trustee of Shares Held by Trust F3, F4
transaction HTLD Common Stock Purchase $247K +18K +45.45% $13.70 57.7K Dec 12, 2023 Spouse is Trustee of Shares Held by Trust F4, F5
holding HTLD Common Stock 1.85M Dec 11, 2023 Trustee of GRATs F6
holding HTLD Common Stock 17.1M Dec 11, 2023 Co-Trustee of Trust F7
holding HTLD Common Stock 4.28M Dec 11, 2023 Co-Trustee of Trust F8
holding HTLD Common Stock 38.4K Dec 11, 2023 Trustee of Trusts F9
holding HTLD Common Stock 5M Dec 11, 2023 Co-Trustee of Trust F10
holding HTLD Common Stock 1.94M Dec 11, 2023 Co-General Partner of Partnership F11
holding HTLD Common Stock 628K Dec 11, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reflects a weighted average purchase price for multiple transactions ranging from 13.9500 to 13.9900 per share, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
F2 Mr. Gerdin is the trustee of the Michael J. Gerdin Revocable Trust with voting and dispositive power.
F3 The price reflects a weighted average purchase price for multiple transactions ranging from 13.9600 to 13.9900 per share, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
F4 Mr. Gerdin's spouse is the trustee of the Michael J. Gerdin Family Trust with voting and dispositive power. Beneficial ownership is disclaimed.
F5 The price reflects a weighted average purchase price for multiple transactions ranging from 13.5600 to 13.8600 per share, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
F6 Mr. Gerdin is the trustee of GRATs established by Ann S. Gerdin for her benefit. As trustee, Mr. Gerdin has sole voting and dispositive power over the shares owned by these GRATs. Beneficial ownership is disclaimed.
F7 Mr. Gerdin, Julie Durr, Angela Janssen, and Mrs. Gerdin serve as co-trustees over shares held by the Ann S. Gerdin Revocable Trust. As co-trustees, they have shared voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed for Mr. Gerdin, Mrs. Durr, and Mrs. Janssen.
F8 Mr. Gerdin is one of the beneficiaries of the 2009 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without consent of the other two trustees.
F9 Mr. Gerdin is the trustee of trusts created for the benefit of his children. As trustee, Mr. Gerdin has voting and dispositive powers with respect to the trusts. Beneficial ownership is disclaimed.
F10 Mr. Gerdin is one of the beneficiaries of the 2007 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without the consent of the other two trustees.
F11 The Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are co-general partners of Gerdin Family Investments LP. None of the Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, or Mrs. Janssen has voting and dispositive powers with respect to this partnership without consent of the majority of the other co-general partners. Beneficial ownership is disclaimed except to the extent of each such reporting person's percentage ownership of general and limited partner shares in the partnership.