Form 4: Schneider National Executive James Scott Filter Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
James Scott Filter, EVP at Schneider National, reported disposing of shares to cover tax liabilities upon the vesting of restricted stock units.
Summary
- On March 15, 2024, James Scott Filter, EVP at Schneider National, reported disposing of 545 shares of Class B Common Stock at $22.55 to cover tax liabilities from a 2020 restricted stock unit award.
- Additionally, 707 shares were disposed of at the same price to cover tax liabilities from a 2021 restricted stock unit award.
- Following these transactions, Filter directly owns 174,020 shares of Class B Common Stock, of which 52,773 are unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which investors monitor for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/14/2020 | Date of the restricted stock unit award, shares withheld to satisfy tax liabilities upon vesting. |
| 02/15/2021 | Date of the restricted stock unit award, shares withheld to satisfy tax liabilities upon vesting. |
| 03/15/2024 | Date of the stock disposal transactions. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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