Form 144: Robert Reich proposes sale of 24,594 shares

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 reporting a proposed sale of 24,594 shares of Common Stock by Robert M. Reich, dated 05/04/2026.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 reporting a proposed sale of 24,594 shares of Common Stock by Robert M. Reich, dated 05/04/2026. The filing shows aggregate sale proceeds of $753,766.22.

Insights

Securities Counsel

Routine Rule 144 resale notice for an executive sale.

The Form 144 lists a proposed disposition of 24,594 shares by Robert M. Reich with reported proceeds of $753,766.22 on 05/04/2026. This filing serves as a compliance notice under resale restrictions.

Cash‑flow treatment is shown as proceeds to the selling holder; other transaction mechanics or trading plan details are not provided in the excerpt.

Key Figures

Shares sold: 24,594 shares Aggregate proceeds: $753,766.22 Security type: Common (Performance Shares)

3 metrics

Shares sold 24,594 shares reported disposition date <date>05/04/2026</date>

Aggregate proceeds $753,766.22 proceeds reported in Form 144 for the sale on <date>05/04/2026</date>

Security type Common (Performance Shares) listed as Performance Shares with record date <date>12/31/2023</date>

Key Terms

Form 144, Rule 144, Performance Shares

3 terms

Form 144 regulatory

"filed a Form 144 reporting a proposed sale of 24,594 shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Rule 144 regulatory

"a compliance notice under Rule 144 for resale by an affiliate"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Shares financial

"Security listed as Performance Shares with record date 12/31/2023"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does SNDR's Form 144 filed by Robert M. Reich report?

It reports a proposed sale of 24,594 shares with aggregate proceeds of $753,766.22. The notice is dated 05/04/2026 and is a compliance filing under Rule 144 for resale by an affiliate.

Did the Form 144 state when the shares will be sold for SNDR?

The filing shows the transaction date as 05/04/2026 for the reported sale of 24,594 shares. The excerpt does not specify execution venue, price per share, or settlement details beyond aggregate proceeds.

Who is identified as the selling holder in the SNDR Form 144?

The selling holder is listed as Robert M. Reich, with an address shown in Green Bay, WI. The Form 144 identifies him as the discloser for the reported disposition on 05/04/2026.

What proceeds were reported on the SNDR Form 144?

The Form 144 reports aggregate proceeds of $753,766.22 from the sale of 24,594 shares. The filing shows that amount alongside the transaction date of 05/04/2026.

Does the Form 144 indicate the reason for the SNDR sale?

No. The excerpt only lists the security type, number of shares, date, and aggregate proceeds. It does not state whether the sale was for diversification, tax, or other personal reasons.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 07:56 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001775030
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	SCHNEIDER NATIONAL, INC.
SEC File Number	001-38054
Address of Issuer	3101 South Packerland Drive Green Bay WISCONSIN 54313
Phone	(920) 592-2000
Name of Person for Whose Account the Securities are To Be Sold	ROBERT M REICH
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2934	89668.91	92094808	05/05/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/31/2023	Performance Shares	Issuer			2934	12/31/2023	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROBERT M REICH 3101 South Packerland Drive Green Bay WI 54313	Common	05/04/2026	24594	753766.22

144: Remarks and Signature

Remarks
Date of Notice	05/05/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Robert M Reich
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)