Schneider National (NYSE: SNDR) director granted 5,468 RSUs, holds 614,546 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DePrey Mary P. reported acquisition or exercise transactions in this Form 4 filing.
Schneider National, Inc. director and ten percent owner Mary P. DePrey reported a routine equity award. She received 5,468 restricted stock units of Class B common stock as a grant, which will vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholder meeting, subject to continued board service. The units will be settled in shares of Class B common stock. After this award, she holds 614,546 Class B shares directly and 807,100 Class B shares indirectly through trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DePrey Mary P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 614,546 shares (Direct, null);
Class B Common Stock — 807,100 shares (Indirect, By Trusts)
Footnotes (1)
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Key Figures
RSUs granted: 5,468 units
Grant price: $0.0000 per unit
Direct holdings after grant: 614,546 shares
+1 more
4 metrics
RSUs granted
5,468 units
Restricted stock units of Class B common stock granted
Grant price
$0.0000 per unit
Reported price per restricted stock unit
Direct holdings after grant
614,546 shares
Class B common stock held directly after transaction
Indirect holdings by trusts
807,100 shares
Class B common stock held indirectly through trusts
Key Terms
restricted stock units, Class B Common Stock, annual shareholder meeting, ten percent owner
4 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.
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.
ten percent owner financial
"Mary P. DePrey is listed as a ten percent owner and director"
FAQ
What insider transaction did SNDR director Mary P. DePrey report?
Mary P. DePrey reported receiving 5,468 restricted stock units of Schneider National Class B common stock as a grant. This compensation-related award carries a zero-dollar grant price and is scheduled to vest based on time and service conditions tied to board membership.
What are the vesting terms of Mary P. DePrey’s 5,468 RSUs in SNDR?
The 5,468 restricted stock units vest on the earlier of the one-year anniversary of the grant date or Schneider National’s annual shareholder meeting following the grant. Vesting requires her continued service on the company’s Board of Directors through the applicable vesting date.
How will Mary P. DePrey’s RSUs in Schneider National be settled?
The restricted stock units granted to Mary P. DePrey will be settled in shares of Schneider National Class B common stock upon vesting. This means she will receive actual Class B shares rather than cash, increasing her equity stake if the vesting conditions are satisfied.
Is Mary P. DePrey’s SNDR Form 4 transaction a market purchase or sale?
The Form 4 reflects a grant or award acquisition of 5,468 restricted stock units, not an open-market purchase or sale. The transaction code is “A,” indicating compensation-related equity, with a reported price per unit of $0.0000 rather than a market trade price.