Form 4: Schneider CFO Sells 6,000 Shares Under 10b5-1 Plan

Schneider National's EVP and CFO, Darrell Campbell, sold 6,000 shares of Class B Common Stock for a weighted average price of $28.89 per share under a Rule 10b5-1 plan.

Summary

• Darrell George Campbell, EVP and CFO of Schneider National, Inc. (SNDR), sold 6,000 shares of Class B Common Stock.
• The transaction occurred on February 19, 2026.
• The shares were sold at a weighted average price of $28.89 per share, with individual trades ranging from $28.815 to $29.00.
• Following this transaction, Campbell directly beneficially owns 66,275 shares of Class B Common Stock.
• The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event because the sale was conducted under a pre-arranged Rule 10b5-1 plan, which suggests a planned diversification rather than a reaction to new, negative information.

Positives

• The sale was conducted under a Rule 10b5-1 plan, indicating it was pre-scheduled and not based on new, non-public information.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the insider's direct equity stake in the company.
• The sale of 6,000 shares represents a reduction in the CFO's direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, particularly by high-ranking executives like a CFO, are routinely monitored by investors for signals regarding management's confidence in the company's future prospects. While this sale was executed under a Rule 10b5-1 plan, which mitigates concerns about opportunistic timing, it still represents a reduction in direct equity exposure by a key executive in the transportation and logistics sector.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a slight negative signal, though mitigated by the 10b5-1 plan.
• Management: The CFO's personal financial planning is reflected in the transaction.

Key Dates

Recommendation

The sale by the CFO, while a reduction in direct ownership, was executed under a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than a reaction to new material information. This context suggests a neutral impact on the company's fundamental outlook, warranting a 'hold' recommendation for existing investors.

Keywords

Schneider National, SNDR, Darrell Campbell, CFO, Insider Trading, Form 4, Stock Sale, Class B Common Stock, Rule 10b5-1, Executive Compensation