Form 4: Schneider National Director Acquires Shares Through Dividend Reinvestment

Director James R. Giertz acquired 13.81 shares of Schneider National Class B common stock through a dividend reinvestment program.

Summary

• James R. Giertz, a director at Schneider National, Inc., acquired 13.81 shares of Class B common stock on January 8, 2025.
• The shares were acquired through a dividend reinvestment feature of the Schneider National, Inc. Director Deferred Compensation Program.
• The acquisition price was $29.17 per share.
• Following the transaction, Mr. Giertz directly owns 53,830.77 shares of Class B common stock.
• The deferred stock units will be settled in shares of Class B common stock in accordance with the terms of the Program.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The director's continued investment is a positive sign.

Positives

• The acquisition demonstrates the director's continued investment in the company.
• Dividend reinvestment programs are a common way for directors to increase their stake in a company.

Future Outlook

The deferred stock units will be settled in shares of Class B common stock in accordance with the terms of the Program.

Industry Context

This is a routine transaction for a director of a public company, reflecting participation in a standard dividend reinvestment program.

Comparison to Industry Standards

• Dividend reinvestment programs are a common practice for directors and employees of publicly traded companies.
• Many companies, such as FedEx and UPS, offer similar programs to their directors and employees as part of their compensation and incentive plans.
• The number of shares acquired is relatively small, which is typical for dividend reinvestment transactions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director confidence in the company.

Key Dates

Keywords

Schneider National, Director, James R. Giertz, Dividend Reinvestment, Class B Common Stock, SEC Form 4, Insider Trading