Schneider director awarded 5,468 Class B RSUs
GIERTZ JAMES R reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
GIERTZ JAMES R reported acquisition or exercise transactions in this Form 4 filing.
Schneider National director James R. Giertz received a grant of 5,468 restricted stock units of Class B common stock at no cost. These units vest on the earlier of one year from the grant date or the next annual shareholder meeting, assuming he remains on the Board until vesting.
Once vested, the units will be settled in shares of Class B common stock. After this award, Giertz holds a total of 67,213.22 shares of Class B common stock directly.
Insider Trade Summary
Grant/Award: 5,468 shares
Grant/Award
1 txn
Insider
GIERTZ JAMES R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 67,213.22 shares (Direct)
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
RSUs granted: 5,468 units
Grant price: $0.0000 per share
Shares after transaction: 67,213.22 shares
+2 more
5 metrics
RSUs granted
5,468 units
Restricted stock units of Class B common stock granted to director
Grant price
$0.0000 per share
Reported transaction price per share for the RSU award
Shares after transaction
67,213.22 shares
Total Class B common stock held directly by James R. Giertz after grant
Transaction code
A
Form 4 code indicating a grant, award, or other acquisition
Transaction date
2026-04-30
Date of RSU grant reported on Form 4
Key Terms
restricted stock units, Class B Common Stock, Board of Directors, vest
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
"security_title: 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.
Board of Directors financial
"continued service as a member of the Company's Board of Directors through the vesting date"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
vest financial
"restricted stock units that vest on the earlier of the one-year anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Schneider National (SNDR) report for James R. Giertz?
Schneider National reported that director James R. Giertz received 5,468 restricted stock units of Class B common stock as a grant. The award carries no cash purchase price and will convert into Class B shares when it vests under the stated conditions.
What are the vesting terms of James R. Giertz’s Schneider (SNDR) restricted stock units?
The 5,468 restricted stock units vest on the earlier of one year from the grant date or Schneider National’s next annual shareholder meeting. Vesting is conditioned on Giertz’s continued service on the company’s Board of Directors through the applicable vesting date.
What type of security was granted to James R. Giertz by Schneider National (SNDR)?
James R. Giertz was granted restricted stock units tied to Schneider National’s Class B common stock. When these units vest, they will be settled in actual shares of Class B common stock, effectively increasing his direct equity ownership in the company.
Was James R. Giertz’s Schneider (SNDR) award a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. The Form 4 uses transaction code “A” for a grant or award, and the units were issued at a price of $0.0000 per share as part of his director compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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