secwatch.observer — SEC 8-K summary
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Issuer:     WERNER ENTERPRISES INC (WERN)
CIK:        0000793074
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0000793074-26-000049
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Werner Enterprises approves 2026 compensation for NEOs; CEO salary $980K
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- CEO Derek Leathers base salary set at $980,000; receives 66,572 RS and 74,137 PS (target).
- CFO Chris Wikoff salary $520,000; other NEOs: Meisgeier $550K, Downing $485K, Mahon $445K.
- RS vest in three annual installments (34%,33%,33%); PS vest after 3 years based on Diluted EPS growth (0-200% target, TSR modifier ±25%).
- 2026 annual incentive cash bonuses tied to operating income, revenue (ex-fuel), individual performance; target 80%-125% of base salary.
- NEOs eligible for perquisites: company vehicle, aircraft, country club membership, personal medical program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793074/000079307426000049/0000793074-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793074/000079307426000049/wern-20260212.htm
  HTML page:      https://secwatch.observer/filing/0000793074-26-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer