Schneider National director granted 5,468 RSUs
KNIGHT ROBERT M JR reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
KNIGHT ROBERT M JR reported acquisition or exercise transactions in this Form 4 filing.
Schneider National director Robert M. Knight Jr. reported receiving a grant of 5,468 shares of Class B common stock in the form of restricted stock units at no cash price. These RSUs vest on the earlier of one year from grant or the next annual shareholder meeting, subject to his continued board service, and will be settled in Class B shares. Following this award, he directly holds 46,275 Class B shares, indicating a routine, compensation-related equity grant rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted stock units that vest on the earlier of the one-year anniversary of the date of grant and the Company's annual shareholder meeting for the year following the date of grant, subject to the reporting person's continued service as a member of the Company's Board of Directors through the vesting date. The units will be settled in shares of Class B common stock.
Key Figures
Key Terms
restricted stock units financial
Class B common stock financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robert M. Knight Jr. report for Schneider National (SNDR)?
What are the vesting terms of the restricted stock units granted to the Schneider National director?
Was the Schneider National (SNDR) Form 4 transaction an open-market purchase or a compensation grant?
What type of security is involved in Robert M. Knight Jr.’s Schneider National Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.