Schneider National, Inc. (SNDR) director receives 11.9 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schneider National, Inc. director James R. Giertz acquired 11.9 deferred stock units tied to Class B common stock on July 10, 2026. The award was made through a dividend reinvestment feature of the Director Deferred Compensation Program, and he now holds 67,225.12 shares directly.
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 | 11.9 | $36.40 | $433.16 |
Holdings After Transaction:
Class B Common Stock — 67,225.12 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units acquired: 11.9000 units
Grant price per unit: $36.4000
Holdings after transaction: 67225.1200 shares
+1 more
4 metrics
Deferred stock units acquired
11.9000 units
Grant/award acquisition on July 10, 2026 via dividend reinvestment feature
Grant price per unit
$36.4000
Price used to credit deferred stock units on July 10, 2026
Holdings after transaction
67225.1200 shares
Direct Class B common stock position following the reported acquisition
Number of acquire-type transactions
1
Single grant/award acquisition reported in this Form 4
Key Terms
deferred stock units, dividend reinvestment feature, Director Deferred Compensation Program, Class B common stock
4 terms
deferred stock units financial
"These deferred stock units were acquired pursuant to a previously available dividend"
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.
dividend reinvestment feature financial
"acquired pursuant to a previously available dividend reinvestment feature of the Schneider"
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.
Class B common stock financial
"settled in 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 11.9 deferred stock units linked to Class B common stock on July 10, 2026. The units were credited under the Schneider National Director Deferred Compensation Program’s dividend reinvestment feature.
Was the SNDR Form 4 transaction by James R. Giertz a market purchase or a compensation award?
The Form 4 shows a grant/award acquisition, not an open-market purchase. The 11.9 units were acquired via a dividend reinvestment feature in the Director Deferred Compensation Program, classified under transaction code A.
At what price were the deferred stock units credited in the SNDR Form 4 for James R. Giertz?
The 11.9 deferred stock units were credited at a price of $36.40 per unit. These units were acquired through a dividend reinvestment feature under Schneider National’s Director Deferred Compensation Program.
What does the footnote in James R. Giertz’s Schneider National (SNDR) Form 4 explain?
The footnote explains that the reported deferred stock units were acquired via a previously available dividend reinvestment feature of the Director Deferred Compensation Program and will be settled in Class B common stock according to the program’s terms.