Ann S. Gerdin Revocable Trust - Dec 1, 2023 Form 4 Insider Report for HEARTLAND EXPRESS INC (HTLD)

Role
Co-Trustee of 10% Owner, 10%+ Owner
Signature
/s/Michael Gerdin, Co-Trustee of the Ann S. Gerdin Revocable Trust, by Chris Strain, pursuant to power of attorney previously filed
Stock symbol
HTLD
Transactions as of
Dec 1, 2023
Transactions value $
$611,431
Form type
4
Date filed
12/5/2023, 07:15 PM
Previous filing
Nov 29, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLD Common Stock Gift $0 +1.14M +7.14% $0.00 17.1M Dec 1, 2023 Direct F1, F2
transaction HTLD Common Stock Purchase $611K +44.5K +16.54% $13.75 313K Dec 5, 2023 Trustee of Trust F3, F4
holding HTLD Common Stock 145K Dec 1, 2023 Trustee of Trust F5
holding HTLD Common Stock 4.28M Dec 1, 2023 Co-Trustee of Trust F6
holding HTLD Common Stock 38.4K Dec 1, 2023 Trustee of Trusts F7
holding HTLD Common Stock 38.4K Dec 1, 2023 Trustee of Trusts F8
holding HTLD Common Stock 5M Dec 1, 2023 Co-Trustee of Trust F9
holding HTLD Common Stock 7.81K Dec 1, 2023 By Spouse F10
holding HTLD Common Stock 1.94M Dec 1, 2023 Co-General Partner of Partnership F11
holding HTLD Common Stock 681K Dec 1, 2023 Direct F12
holding HTLD Common Stock 681K Dec 1, 2023 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annuity distributions made from grantor retained annuity trusts (GRATs) created for the benefit of Ann Gerdin.
F2 Michael Gerdin, Mrs. Durr, Mrs. 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.
F3 The price reflects a weighted average purchase price for multiple transactions ranging from 13.6600 to 13.7500 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 Angela Janssen is the trustee of the Angela K. Janssen Revocable Trust with voting and dispositive power.
F5 Julie Durr is the trustee of the Julie J. Durr Revocable Trust with voting and dispositive power.
F6 Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are 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.
F7 Mrs. Janssen is the trustee of trusts created for the benefit of her children. As trustee, Mrs. Janssen has voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed.
F8 Mrs. Durr is the trustee of trusts created for the benefit of her children. As trustee, Mrs. Durr has voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed.
F9 Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are 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.
F10 Mrs. Janssen's husband owns these shares. Beneficial ownership of these shares is disclaimed.
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.
F12 Mrs. Janssen's directly owned shares.
F13 Mrs. Durr's directly owned shares.