In 2022, Michael Gerdin earned $868.90K in total compensation at Heartland Express, primarily from $860.00K salary. Most recently acquired 1,683 shares in Nov 2024. Currently holds stock worth $46.76M. Has donated $780.88M in stock to charitable causes. Has led Heartland Express for over 14 years.
Compensation History
Annual executive compensation data for Michael Gerdin, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$868.90K
Salary
$860.00K
Bonus
$0.00
Other
$8.90K
Salary
$860.00KBoard Justification
The compensation philosophy emphasizes alignment with stockholder interests through significant stock ownership and conservative pay practices.
Bonus
$0.00Board Justification
No bonus was awarded in 2022.
Other Compensation
$8.90KBoard Justification
Payments made under the Tuition Plan for the children of employees.
Restricted Stock
Board Justification
Mr. Gerdin did not receive any stock awards in 2022.
Performance Metrics
Mr. Gerdin's compensation is linked to the company's operating performance, revenue, and net income growth.
Michael Gerdin
CEO of Heartland Express
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1970 - 55 years ago
CEO of Heartland Express for
14 years 3 months (Sep 2011 - Present)
Previous Experience
President since May 2006, Vice President of Regional Operations, President of A & M Express, Inc.
Other Heartland Express CEOs
Holdings
Track Michael Gerdin's stock holdings and portfolio value over time.
Total Stock Sold
$166.09M
$166.03M
7,487,500 HTLD shares
$57.63K
2,500 WTBA shares
What if they kept their stock?
If Michael Gerdin didn't sell their stock, today they would have:
Extra HTLD7,487,500 shares worth $67.91M and WTBA2,500 shares worth $55.45K.
This is -59.08% and $98.12M less than what they got when they sold the stock.
Charitable Transactions
86,094,792 shares
HTLD
Recent Charitable Transactions
429,094 shares
HTLD
Dec 2, 2024
Charity
1,418,011 shares
HTLD
Jul 12, 2024
Charity
10,000,000 shares
HTLD
May 14, 2024
Charity
1,139,309 shares
HTLD
Dec 1, 2023
Charity
3,031,683 shares
HTLD
Jul 24, 2023
Charity
4,254,346 shares
HTLD
Dec 31, 2022
Charity
Insider Trading
Michael Gerdin's recent stock transactions, purchases, and sales filed with the SEC.
429,094 shares
HTLD
Dec 2, 2024
Charity
429,094 shares
HTLD
Dec 2, 2024
Charity
$20.18K
HTLD at $11.99/share
Nov 12, 2024
Purchase
$562.08K
HTLD at $11.98/share
Nov 7, 2024
Purchase
$766.00K
HTLD at $11.22/share
Nov 4, 2024
Purchase
$583.68K
HTLD at $11.67/share
Sep 11, 2024
Purchase
1,418,011 shares
HTLD
Jul 12, 2024
Charity
1,418,011 shares
HTLD
Jul 12, 2024
Charity
10,000,000 shares
HTLD
May 14, 2024
Charity
10,000,000 shares
HTLD
May 14, 2024
Charity
Rivals
Compare Michael Gerdin with competitor CEOs and industry peers.
Derek J. Leathers
CEO of Werner Enterprises
2022 Compensation
Stock
$0.00
Salary
$875.00K
Bonus
$0.00
Other
$133.74K
Total Holdings
$118.32K
Randolph L. Marten
CEO of Marten Transport
2019 Compensation
Stock
$420.00K
Salary
$706.26K
Bonus
$173.74K
Other
$10.64K
Total Holdings
$248.32M
Mark Rourke
CEO of Schneider National
2023 Compensation
Stock
$1.57M
Salary
$941.67K
Bonus
$1.30M
Other
$149.06K
Total Holdings
$36.61M
Phillip D. Yeager
CEO of HUB Group
2023 Compensation
Stock
$703.05K
Salary
$750.00K
Bonus
$0.00
Other
$64.64K
Total Holdings
$23.04M