Schneider National (SNDR) director adds deferred stock units via compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schneider National, Inc. director James R. Giertz reported acquiring additional Class B common stock through the company’s Director Deferred Compensation Program. On April 8, 2026, he received 15.17 deferred stock units at a reference price of $28.47 per share, classified as a grant or award rather than an open-market purchase.
These units were credited through a dividend reinvestment feature and will be settled in Class B common stock under the program’s terms. Following this transaction, Giertz directly holds a total of 61,745.22 Class B shares/units, indicating a routine, compensation-related increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GIERTZ JAMES R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 15.17 | $28.47 | $431.89 |
Holdings After Transaction:
Class B Common Stock — 61,745.22 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 15.17 units
Grant reference price: $28.47 per share
Total holdings after transaction: 61,745.22 shares/units
3 metrics
Deferred stock units granted
15.17 units
Director grant on April 8, 2026
Grant reference price
$28.47 per share
Value used for deferred stock unit acquisition
Total holdings after transaction
61,745.22 shares/units
Director’s direct Class B position after grant
Key Terms
deferred stock units, Director Deferred Compensation Program, dividend reinvestment feature, Class B common stock
4 terms
deferred stock units financial
"These deferred stock units were acquired pursuant to a previously available dividend reinvestment feature"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Director Deferred Compensation Program financial
"feature of the Schneider National, Inc. Director Deferred Compensation Program"
A director deferred compensation program is an arrangement that lets a company delay paying part of a board member’s fees or bonuses until a future date, often at retirement or after leaving the board. It matters to investors because it affects a company’s long‑term cash commitments and executive incentives—like a timed savings plan that can align directors’ decisions with the company’s future performance while creating future liabilities on the balance sheet.
dividend reinvestment feature financial
"acquired pursuant to a previously available dividend reinvestment feature"
Class B common stock financial
"shares of Class B common stock in accordance with the terms"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What did Schneider National (SNDR) director James R. Giertz report on this Form 4?
James R. Giertz reported acquiring 15.17 deferred stock units of Schneider National Class B common stock. The acquisition was recorded at $28.47 per share and arose from the Director Deferred Compensation Program’s dividend reinvestment feature, not from an open-market stock purchase.
Was the Schneider National (SNDR) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market buy. The 15.17 deferred stock units were acquired via a dividend reinvestment feature in the Schneider National Director Deferred Compensation Program and are coded as a grant or award acquisition.
How were the Schneider National (SNDR) deferred stock units in this filing valued?
The 15.17 deferred stock units were recorded at a reference price of $28.47 per share. This price is used for reporting the value of the grant on the Form 4 and reflects how the compensation-related units were measured for disclosure purposes.
When will the Schneider National (SNDR) deferred stock units reported by James R. Giertz be settled?
The deferred stock units will be settled in shares of Schneider National Class B common stock. Settlement timing and mechanics follow the terms of the Schneider National, Inc. Director Deferred Compensation Program, as referenced in the Form 4 footnote.