Schneider National (NYSE: SNDR) director receives 5,468 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KNIGHT ROBERT M JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 46,275 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,468 shares
Grant price per share: $0.00 per share
Shares held after grant: 46,275 shares
+1 more
4 metrics
RSU grant size
5,468 shares
Restricted stock units of Class B common stock granted on April 30, 2026
Grant price per share
$0.00 per share
Recorded acquisition price for the RSU award
Shares held after grant
46,275 shares
Total direct holdings of Class B common stock following the transaction
Vesting schedule
Earlier of 1-year anniversary or next annual meeting
RSUs vest with continued board service through the vesting date
Key Terms
restricted stock units, Class B common stock, vesting, annual shareholder meeting
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.
vesting financial
"restricted stock units that vest on the earlier of the one-year anniversary of the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Robert M. Knight Jr. report for Schneider National (SNDR)?
Robert M. Knight Jr. reported an acquisition of 5,468 shares of Schneider National Class B common stock via a restricted stock unit grant. The award was recorded at a price of $0.00 per share as part of his director compensation, not an open-market purchase.
What are the vesting terms of the restricted stock units granted to the Schneider National director?
The restricted stock units vest on the earlier of the one-year anniversary of the grant date or Schneider National’s next annual shareholder meeting. Vesting is conditioned on the director’s continued service on the board through that date, after which the units will be settled in Class B common stock.
Was the Schneider National (SNDR) Form 4 transaction an open-market purchase or a compensation grant?
The Form 4 transaction reflects a compensation-related grant, not an open-market purchase. The 5,468 shares were acquired through a restricted stock unit award at a stated price of $0.00 per share, characterized as a grant, award, or other acquisition for the director.
What type of security is involved in Robert M. Knight Jr.’s Schneider National Form 4 filing?
The filing involves Class B common stock of Schneider National, delivered through restricted stock units. These units represent a right to receive shares in the future once vesting conditions are satisfied, and will be settled in Class B common stock at that time.