Schneider National (SNDR) director receives 5,468 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STREICH JULIE K reported acquisition or exercise transactions in this Form 4 filing.
Schneider National director Julie K. Streich received an equity award of 5,468 restricted stock units of Class B common stock. The award was granted at no cash cost per unit and is a compensation-related grant, not an open-market purchase or sale.
The restricted stock units vest on the earlier of the one-year anniversary of the grant date and the company’s next annual shareholder meeting, as long as she continues serving on the Board through that vesting date. After this grant, she directly holds 25,620 shares of Class B common stock, including the units that will be settled in shares when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STREICH JULIE K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 25,620 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,468 units
Grant price per unit: $0.0000 per share
Shares after transaction: 25,620 shares
3 metrics
RSU grant size
5,468 units
Restricted stock units of Class B common stock granted on April 30, 2026
Grant price per unit
$0.0000 per share
Compensation-related award with no cash cost to the director
Shares after transaction
25,620 shares
Total direct Class B common stock holdings after the grant
Key Terms
restricted stock units, vest, Class B common stock
3 terms
restricted stock units financial
"Consists of restricted stock units that vest on the earlier of the one-year anniversary"
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.
vest financial
"units that vest on the earlier of the one-year anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class B common stock financial
"The units will be settled in shares of Class B common stock"
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 Julie K. Streich report in her Form 4 for Schneider National (SNDR)?
Julie K. Streich reported receiving 5,468 restricted stock units of Schneider National Class B common stock. These units were granted as compensation, at no cash cost per share, and increase her direct holdings to 25,620 shares after the award.
Is Julie K. Streich’s Schneider National (SNDR) Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition through a grant, not a market trade. Streich received 5,468 restricted stock units as a board compensation award, with a reported price of $0.0000 per share, rather than buying or selling shares in the open market.
When do Julie K. Streich’s restricted stock units in Schneider National (SNDR) vest?
The restricted stock units vest on the earlier of one year from the grant date or the company’s next annual shareholder meeting. Vesting is conditioned on her continued service as a member of Schneider National’s Board of Directors through the vesting date.
What type of security was granted to Julie K. Streich by Schneider National (SNDR)?
She received restricted stock units tied to Schneider National Class B common stock. These units do not require any purchase price and will be settled in shares of Class B common stock once they vest, assuming she continues her Board service through vesting.