Affiliate files Form 144 to sell 10,000 SNDR shares

SNDR affiliate files a Form 144 proposing sale of common stock.

Rhea-AI Filing Summary

SNDR affiliate files a Form 144 proposing sale of common stock. The notice lists a 10,000-share sale tied to a stock option exercise dated 05/04/2026 and several issuer-held compensation awards: 98 restricted shares (03/15/2021), 6,613 performance shares (12/31/2023), 7,117 restricted shares (02/15/2025), and 766 restricted shares (02/15/2025). The filing is a routine affiliate sale notice.

Insights

Equity Compensation Specialist

TL;DR: This Form 144 notifies a proposed affiliate sale, listing option-exercise shares and multiple compensation awards.

The filing documents a proposed disposition of 10,000 shares via a stock option exercise dated 05/04/2026, plus compensation-related holdings (restricted and performance shares) with the dates shown. The items listed identify the types of securities the affiliate intends to sell.

Because Form 144 is a notice of proposed sale, actual sale timing and proceeds are not stated in the excerpt; subsequent Form 4 or broker reports would show completed transactions if they occur.

Key Figures

Stock option exercise shares: 10,000 shares Restricted Stock (03/15/2021): 98 shares Performance Shares (12/31/2023): 6,613 shares +2 more

5 metrics

Stock option exercise shares 10,000 shares Stock Option Exercise dated <date>05/04/2026</date>

Restricted Stock (03/15/2021) 98 shares Restricted Stock dated <date>03/15/2021</date>

Performance Shares (12/31/2023) 6,613 shares Performance Shares dated <date>12/31/2023</date>

Restricted Stock (02/15/2025) 7,117 shares Restricted Stock dated <date>02/15/2025</date>

Restricted Stock (02/15/2025) 766 shares Restricted Stock dated <date>02/15/2025</date>

Key Terms

Form 144, Stock Option Exercise, Restricted Stock, Performance Shares

4 terms

Form 144 regulatory

"Securities To Be Sold — notice of proposed sale by an affiliate"

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.

Stock Option Exercise financial

"Stock Option Exercise | Issuer | 10000 | 05/04/2026"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Restricted Stock financial

"03/15/2021 | Restricted Stock | Issuer | 98"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Performance Shares financial

"12/31/2023 | Performance Shares | Issuer | 6613"

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 report?

It reports a proposed sale by an affiliate of common stock, including 10,000 shares tied to a stock option exercise and several compensation awards dated between 03/15/2021 and 02/15/2025.

Does the Form 144 mean the shares have already been sold?

No. A Form 144 is a notice of an intended sale by an affiliate. The filing lists proposed quantities but does not confirm that any sale has been completed or the sale proceeds.

What securities are listed on the filing for SNDR?

The filing lists common stock from a stock option exercise (10,000 shares), restricted stock awards (98, 7,117, 766 shares), and performance shares (6,613) with their respective dates.

Will this filing change SNDR's outstanding share count?

The Form 144 lists proposed dispositions by an affiliate; it does not report company-level outstanding share changes. Any change to outstanding shares would appear in separate issuer filings if applicable.

Where can I find confirmation that the sale occurred?

Confirmation typically appears in a subsequent Form 4 filed by the reporting person or through broker reporting. This Form 144 only notifies intent to sell the listed securities.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/04/2026 - 06:38 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	24594	753766.22	92094808	05/04/2026	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	05/04/2026	Stock Option Exercise	Issuer			10000	05/04/2026	Cash
Common	03/15/2021	Restricted Stock	Issuer			98	03/15/2021	Not Applicable
Common	12/31/2023	Performance Shares	Issuer			6613	12/31/2023	Not Applicable
Common	02/15/2025	Restricted Stock	Issuer			7117	02/15/2025	Not Applicable
Common	02/15/2025	Restricted Stock	Issuer			766	02/15/2025	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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/04/2026
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)