Werner Estate Holds 1.88M Shares in Werner Enterprises

TL;DR

**Werner family estate still owns 1.88M shares of WERN, showing strong insider alignment.**

AI Summary

Tami L. Werner, as the personal representative for the Estate of Greg L. Werner, reported an updated beneficial ownership of 1,880,612 shares of Werner Enterprises, Inc. common stock as of December 31, 2023. This represents an amendment (Amendment No. 10) to a previous filing, indicating a significant, ongoing stake by the Werner family in the trucking company. This matters to investors because it shows that a key insider's estate maintains a substantial ownership, which can signal confidence in the company's long-term prospects and align their interests with other shareholders.

Why It Matters

This filing confirms that the estate of a significant insider, Greg L. Werner, continues to hold a substantial stake in Werner Enterprises, aligning their interests with other shareholders and potentially signaling confidence in the company's future.

Risk Assessment

Risk Level: low — This filing indicates stable insider ownership, which generally reduces risk by aligning management/founder interests with shareholders.

Analyst Insight

Investors should note the continued substantial insider ownership by the Werner family estate, which can be a positive signal for long-term stability and alignment of interests, but this filing alone doesn't suggest immediate buying or selling pressure.

Key Numbers

• 1,880,612 — Shares Beneficially Owned (Represents the total shares held by the Estate of Greg L. Werner as of December 31, 2023.)
• December 31, 2023 — Date of Event (The date as of which the beneficial ownership was reported in this filing.)
• Amendment No. 10 — Filing Amendment Number (Indicates this is the tenth update to the original Schedule 13G filing for this reporting person.)

Key Players & Entities

• Tami L. Werner (person) — Personal Representative for the Estate of Greg L. Werner
• Greg L. Werner (person) — Deceased, former insider whose estate holds shares
• Werner Enterprises, Inc. (company) — The issuer of the common stock
• 1,880,612 (dollar_amount) — Number of shares beneficially owned

Forward-Looking Statements

• The Werner family will maintain a significant ownership stake in Werner Enterprises, Inc. (Werner Enterprises, Inc.) — high confidence, target: 2025-12-31

FAQ

Key Financial Figures

• $0.01 — INC. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o

Filing Documents

• d773440dsc13ga.htm (SC 13G/A) — 31KB
• 0001193125-24-034333.txt ( ) — 33KB

From the Filing

SC 13G/A 1 d773440dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 10)* WERNER ENTERPRISES, INC. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 950755108 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on following pages SCHEDULE 13G CUSIP No. 950755108 Page 2 of 5 Pages 1 NAMES OF REPORTING PERSONS TAMI L. WERNER, PERSONAL REPRESENTATIVE FOR THE ESTATE OF GREG L. WERNER 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 1,880,612 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 1,880,612 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,880,612 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN Page 3 of 5 Pages Item1(a). Name of Issuer: Werner Enterprises, Inc. (the Issuer) Item1(b). Address of Issuers Principal Executive Offices 14507 Frontier Road, Omaha, NE 68138 Item2(a). Name of Person Filing This Statement on Schedule 13G is filed by Tami L. Werner, Personal Representative for the Estate of Greg L. Werner (Mrs. Werner or the Reporting Person). This Statement relates to Shares (as defined herein) beneficially owned directly by Mrs. Werner as well as shares beneficially owned indirectly by Mrs. Werner. Item2(b). Address of Principal Business Office or, if None, Residence The address of the Reporting Person is 5604 South 118th Plaza, Omaha, NE 68137. Item2(c). Citizenship: Mrs. Werner is a citizen of the United States of America. Item2(d). Title of Class of Securities: Common Stock, $0.01 par value per share (the Shares) Item2(e). CUSIP Number: 950755108 Item3. If This Statement is Filed Pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: This Item 3 is not applicable. Item4. Item4(a) Amount Beneficially Owned: As of December 31, 2023, the Reporting Person may be deemed the beneficial owner of 1,880,612 Shares. This amount consists of: 1,880,612 Shares held directly by the Reporting Person; Page 4 of 5 Pages Item4(b) Percent of Class: As of December 31, 2023, the Reporting Person may be deemed the beneficial owner of approximately 3.0% of Shares outstanding. (There were 63,394,945 Shares outstanding as of November 6, 2023, according to the Issuers Form 10-Q, filed on November 8, 2023. This amendment No.10 constitutes an exit filing for the Reporting Person. Item4(c) Number of Shares as to which such person has: (i) Sole power to vote or direct the vote: 1,880,612 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 1,880,612 (iv) Shared power to dispose or direct the disposition of: 0 Item5. Ownership of Five Percent or Less of a Class: The Reporting Person has ceased to be the beneficial owner of more than 5 percent of class of securities Item6. Ownership of More than Five Percent on Behalf of Another Person: See disclosures in Item 2 and Item 4 herein. Item7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: This Item 7 is not applicable. Item8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item9. Notice of Dissolution of Group: This Item 9 is not applicable. Item10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participan

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