Form 4: Schneider National Executive James Scott Filter Reports Stock Transactions
SEC Form 4 Filing
EVP James Scott Filter reports acquisition of performance shares and disposition of shares to cover tax liabilities.
Summary
- On February 23, 2024, James Scott Filter, EVP, Pres. Transp. and Log. of Schneider National, Inc., acquired 16,457 Class B Common Stock shares.
- These shares were performance shares that vested under the company's 2017 Omnibus Incentive Plan upon meeting certain financial performance criteria.
- On the same day, Filter disposed of 5,267 Class B Common Stock shares at a price of $25.45 to satisfy tax liabilities related to the vesting of the performance shares.
- Following these transactions, Filter directly owns 175,272 shares of Class B Common Stock, of which 56,683 are unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock acquisition and disposition. |
| 02/27/2024 | Date of Form 4 filing. |
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