Heartland Express DEF 14A: Executive Pay Details
Ticker: HTLD · Form: DEF 14A · Filed: Mar 28, 2025 · CIK: 799233
Sentiment: neutral
Topics: executive-compensation, proxy-statement, corporate-governance
TL;DR
Heartland Express DEF 14A out: Executive comp details for 2024 are in, showing adjustments to 'Average Compensation Actually Paid'.
AI Summary
Heartland Express Inc. filed a DEF 14A on March 28, 2025, detailing executive compensation. The filing includes adjustments to calculate 'Average Compensation Actually Paid' to non-PEO NEOs for 2024, which was $365,517 before specific deductions and additions. Key metrics like Total Shareholder Return, Net Income, and Operating Ratio are also referenced.
Why It Matters
This filing provides transparency into how Heartland Express compensates its top executives, which can influence investor decisions and corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation and corporate governance, with no immediate market-moving events.
Key Numbers
- 365,517 — Average Summary Compensation Table Total for Non-PEO NEOs (This figure is the starting point for calculating 'Average Compensation Actually Paid' for 2024.)
Key Players & Entities
- Heartland Express Inc. (company) — Filer of the DEF 14A
- Michael J. Gerdin (person) — Mentioned in relation to compensation metrics
- 2024 (date) — Fiscal year for compensation calculation
- 365,517 (dollar_amount) — Average Summary Compensation Table Total for Non-PEO NEOs in 2024
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit proxies from shareholders for their annual meeting and provides detailed information on executive compensation, board of directors, and other corporate governance matters.
What specific adjustments are made to calculate 'Average Compensation Actually Paid' for non-PEO NEOs?
The filing indicates adjustments include deducting stock and option awards reported in the Summary Compensation Table, and adding the YE fair value of awards granted during the covered fiscal year that are outstanding and unvested, as well as changes in fair value for awards granted in prior years.
What is the fiscal year end for Heartland Express Inc.?
The fiscal year end for Heartland Express Inc. is December 31 (1231).
What is the SIC code for Heartland Express Inc.?
The Standard Industrial Classification (SIC) code for Heartland Express Inc. is 4213, which corresponds to Trucking (No Local).
When was this DEF 14A filing submitted?
This DEF 14A filing was submitted on March 28, 2025.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 28, 2025 by Michael J. Gerdin regarding HEARTLAND EXPRESS INC (HTLD).