Schneider National (SNDR) EVP-CAO reports 1,239-share tax withholding
Rhea-AI Filing Summary
Schneider National, Inc. reported an insider transaction involving its EVP - CAO. On 01/02/2026, the officer had 1,239 shares of Class B common stock disposed of at $26.53 per share, coded as an "F" transaction. The filing explains that these shares were automatically withheld to satisfy tax liabilities under a restricted stock unit executive award agreement when restricted stock units vested after the employee reached retirement eligibility. Following this tax withholding, the officer beneficially owns 159,862 shares of Class B common stock directly.
Positive
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Negative
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FAQ
What insider transaction did Schneider National (SNDR) report in this Form 4?
The filing reports that the EVP - CAO had 1,239 shares of Schneider National Class B common stock disposed of on 01/02/2026, at a price of $26.53 per share, coded as an "F" transaction.
Why were 1,239 SNDR shares disposed of by the reporting person?
The 1,239 shares were automatically withheld to satisfy tax liabilities, as provided under the Schneider National, Inc. Restricted Stock Unit Executive Award Agreement, when restricted stock units vested after the employee reached retirement eligibility.
How many Schneider National (SNDR) shares does the officer own after this transaction?
After the reported transaction, the officer beneficially owns 159,862 shares of Schneider National Class B common stock, held directly.
What does transaction code "F" mean in this Schneider National (SNDR) Form 4?
In this filing, transaction code "F" indicates that shares were withheld by the issuer to cover tax obligations arising from the vesting of restricted stock units.
What is the reporting person’s relationship to Schneider National (SNDR)?
The reporting person is identified as an officer of Schneider National, Inc., holding the title EVP - CAO.
Was this Schneider National (SNDR) Form 4 filed by one or multiple reporting persons?
The document states that the Form 4 was filed by one reporting person, with the signature line showing Thomas Jackson by POA for Robert Reich.