Form 4: Schneider National CEO Mark Rourke Reports Stock Transactions

CEO Mark Rourke reported the vesting and gifting of Schneider National Class B Common Stock, affecting both direct and indirect holdings.

Summary

• On March 15, 2024, Mark B. Rourke, CEO & President of Schneider National, Inc., reported transactions involving Class B Common Stock.
• Rourke gifted 4,358 shares of Class B Common Stock, resulting in a direct holding of 258,332 shares.
• He also gifted 4,358 shares of Class B Common Stock to a trust, resulting in an indirect holding of 809,609 shares by the trust.
• Additionally, 596 shares of Class B Common Stock vested, decreasing direct holdings to 257,736 shares.
• 596 shares of Class B Common Stock vested in a trust, increasing indirect holdings to 810,205 shares by the trust.
• These transactions are related to restricted stock awards granted in February 2020 and February 2021.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of Class B Common Stock.
• The vesting of restricted stock units is part of the executive compensation plan, impacting employee benefits.

Key Dates