HEARTLAND EXPRESS, INC. (NASDAQ:HTLD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On May 10, 2018, the Compensation Committee of the Board of Directors of Heartland Express, Inc. (the "Company") approved the following compensation increase to one of the Company's named executive officers. The increase was effective immediately.

Item 7.01. Regulation FD Disclosure

On May 11, 2018 the Company issued a press release announcing that its Board of Directors had authorized the repurchase of up to 5,000,000 shares of its outstanding common stock in addition to the approximate 2,300,000 shares remaining under a prior authorization. The repurchase authorization does not have an expiration date and may be suspended or discontinued at any time without prior notice. A copy of the press release issued by the Company is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

The information contained in Items 7.01 and 9.01 and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act:”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

The information in Items 7.01 and 9.01 of this report and the exhibit hereto may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. Such statements are made based on the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results or events may differ from those anticipated by forward-looking statements. In Items 7.01 and 9.01 of this report and the exhibit hereto, the statements regarding the share repurchase program are forward-looking statements. Please refer to the paragraph at the end of the attached press release and various disclosures by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.

HEARTLAND EXPRESS INC Exhibit
EX-99.1 2 pressreleasesharerepurchas.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Friday,…
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About HEARTLAND EXPRESS, INC. (NASDAQ:HTLD)

Heartland Express, Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa, Gordon Trucking, Inc., Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc. and A & M Express, Inc. It provides transportation services to shippers spanning from Washington to Florida and New England to California, as well as parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and offers temperature-controlled transportation services and non-asset based freight brokerage services. The Company, together with its subsidiaries, is a short-to-medium haul truckload carrier. The Company operates over 20 terminal facilities throughout the United States. Its tractors are equipped with mobile communication systems, which enable communication with drivers regarding freight and safety, and provide the ability to manage the needs of its customers based on real-time information on load status.