Schneider EVP sells shares after option exercise

Schneider National EVP Human Resources Angela M. Fish reported a mix of option exercises, stock sales, and equity awards in Class B common stock.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Schneider National EVP Human Resources Angela M. Fish reported a mix of option exercises, stock sales, and equity awards in Class B common stock. On May 4 and 5, 2026, she sold 6,250 shares at an average of $30.0064 and 7,869 shares at $30.4288 in open-market transactions.

On the same dates, she exercised employee stock options to acquire a total of 15,203 shares at an exercise price of $25.91 per share, converting derivative awards into common stock. Separately, on May 1, 2026, she received a grant of 636 restricted stock units that will vest in three equal annual installments starting February 15, 2026.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 7 txns

Insider Fish Angela M

Role EVP Human Resources

Sold 14,119 shs ($427K)

Approx. gross sale proceeds $427K

Approx. exercise cost $394K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	8,478	$0.00	$0.00
Exercise	Class B Common Stock	8,478	$25.91	$220K
Sale	Class B Common Stock	7,869	$30.4288	$239K
Exercise	Employee Stock Option (Right to Buy)	6,725	$0.00	$0.00
Exercise	Class B Common Stock	6,725	$25.91	$174K
Sale	Class B Common Stock	6,250	$30.0064	$188K
Grant/Award	Class B Common Stock	636	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Class B Common Stock — 58,095 shares (Direct)

Footnotes (4)

F1. Consists of restricted stock units that vest in equal annual installments on each of the first three anniversaries of February 15, 2026, subject to the employee's continued employment through the applicable vesting date. The units will be settled in shares of Class B common stock.
F2. This transaction was executed in multiple trades at prices ranging from $30.00 USD to $30.02 USD; the price reported above reflects the weighted average sale price.
F3. This transaction was executed in multiple trades at prices ranging from $30.18 USD to $30.66 USD; the price reported above reflects the weighted average sale price.
F4. These options vested in equal annual installments on each of the first four anniversaries of February 15, 2022.

Key Figures

Shares sold May 4, 2026: 6,250 shares Shares sold May 5, 2026: 7,869 shares Options exercised total shares: 15,203 shares +4 more

7 metrics

Shares sold May 4, 2026 6,250 shares Class B common stock sale at $30.0064 weighted average

Shares sold May 5, 2026 7,869 shares Class B common stock sale at $30.4288 weighted average

Options exercised total shares 15,203 shares Employee stock option exercises at $25.91 per share

Option exercise price $25.91/share Conversion or exercise price for employee stock options

RSUs granted 636 units Restricted stock units vesting over three years from Feb 15, 2026

May 4 sale price range $30.00–$30.02 Price range for trades aggregated into $30.0064 weighted average

May 5 sale price range $30.18–$30.66 Price range for trades aggregated into $30.4288 weighted average

Key Terms

restricted stock units, weighted average sale price, Employee Stock Option (Right to Buy), derivative exercise/conversion, +1 more

5 terms

restricted stock units financial

"Consists of restricted stock units that vest in equal annual installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted average sale price financial

"the price reported above reflects the weighted average sale price"

Employee Stock Option (Right to Buy) financial

"security_title": "Employee Stock Option (Right to Buy)""

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

net-sell financial

"netBuySellDirection": "net-sell""

FAQ

What insider transactions did SNDR executive Angela M. Fish report?

Angela M. Fish reported open-market sales of Schneider National Class B shares and related option exercises. She sold 6,250 shares at about $30.01 and 7,869 shares at about $30.43, while exercising options for 15,203 shares at a $25.91 exercise price.

How many Schneider National (SNDR) shares did Angela Fish sell and at what prices?

Angela Fish sold 6,250 Class B shares at a weighted average price of $30.0064 and 7,869 shares at $30.4288. Footnotes state these were executed in multiple trades within ranges of $30.00–$30.02 and $30.18–$30.66, respectively.

What stock options did Angela Fish exercise in this SNDR Form 4?

She exercised employee stock options covering 6,725 and 8,478 Schneider National Class B shares, totaling 15,203 shares. The options had a conversion or exercise price of $25.91 per share, converting derivative awards into common stock reported as non-derivative transactions.

Did Angela Fish receive any new equity awards from Schneider National (SNDR)?

Yes. She received a grant of 636 restricted stock units in Class B common stock. According to the footnotes, these RSUs vest in equal annual installments on each of the first three anniversaries of February 15, 2026, subject to continued employment.

What do the weighted average sale prices in Angela Fish’s SNDR trades mean?

The reported prices of $30.0064 and $30.4288 are weighted average sale prices across multiple trades. Footnotes explain the May 4 trades ranged from $30.00–$30.02, and May 5 trades ranged from $30.18–$30.66, reflecting standard reporting for aggregated open-market sales.

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Accepted by SEC EDGAR 05/05/2026 - 04:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fish Angela M

(Last)

(First)

(Middle)

3101 PACKERLAND DRIVE

(Street)

GREEN BAY

WISCONSIN

54313

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Schneider National, Inc. [ SNDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP Human Resources

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	05/01/2026		A		636⁽¹⁾	A	$0.00	57,011	D
Class B Common Stock	05/04/2026		M		6,725	A	$25.91	63,736	D
Class B Common Stock	05/04/2026		S		6,250	D	$30.0064⁽²⁾	57,486	D
Class B Common Stock	05/05/2026		M		8,478	A	$25.91	65,964	D
Class B Common Stock	05/05/2026		S		7,869	D	$30.4288⁽³⁾	58,095	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$25.91	05/04/2026		M			6,725	⁽⁴⁾	02/15/2032	Class B Common Stock	6,725	$0.00	8,478	D
Employee Stock Option (Right to Buy)	$25.91	05/05/2026		M			8,478	⁽⁴⁾	02/15/2032	Class B Common Stock	8,478	$0.00	0.00	D

Explanation of Responses:

1. Consists of restricted stock units that vest in equal annual installments on each of the first three anniversaries of February 15, 2026, subject to the employee's continued employment through the applicable vesting date. The units will be settled in shares of Class B common stock.

2. This transaction was executed in multiple trades at prices ranging from $30.00 USD to $30.02 USD; the price reported above reflects the weighted average sale price.

3. This transaction was executed in multiple trades at prices ranging from $30.18 USD to $30.66 USD; the price reported above reflects the weighted average sale price.

4. These options vested in equal annual installments on each of the first four anniversaries of February 15, 2022.

Remarks:

	Thomas Jackson by POA for Angela M. Fish	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

Schneider EVP sells shares after option exercise

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