Form 4: Schneider National Executive Reports Stock Transactions
SEC Form 4
Robert M. Reich JR, EVP CAO of Schneider National, reports acquisition and disposal of Class B Common Stock related to vesting of restricted stock units.
Summary
- On February 14, 2025, Robert M. Reich JR acquired 14,717 shares of Class B Common Stock at $0.00.
- On February 15, 2025, he disposed of 5,093 shares at $27.52, 1,520 shares at $27.52, and 681 shares at $27.52.
- These disposals were to cover tax liabilities upon the vesting of restricted stock units from awards in 2022, 2023 and 2024.
- Following these transactions, Reich directly owns 162,789 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/15/2022 | Vesting date of restricted stock units, shares withheld to satisfy tax liabilities. |
| 02/15/2023 | Vesting date of restricted stock units, shares withheld to satisfy tax liabilities. |
| 02/15/2024 | Vesting date of restricted stock units, shares withheld to satisfy tax liabilities. |
| 02/14/2025 | Acquisition of 14,717 shares of Class B Common Stock. |
| 02/15/2025 | Disposal of shares to cover tax liabilities from vesting restricted stock units. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Schneider National, SNDR, Robert M. Reich JR, Class B Common Stock, Stock Transaction, Restricted Stock Units, Vesting, Tax Liabilities, EVP CAO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.