Schneider National officer has shares withheld for tax obligations
Schneider National, Inc. reported an insider transaction involving its EVP - CAO.
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
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Common Stock | 1,239 | $26.53 | $33K |
Footnotes (1)
- F1. Reflects shares automatically withheld to satisfy tax liabilities, in accordance with the terms of the Schneider National, Inc. Restricted Stock Unit Executive Award Agreement, upon the release of restrictions on vesting of restricted stock units after an employee reaches retirement eligibility.
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.
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.
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