Form 4: Schneider National Executive Reports Stock Transactions
SEC Form 4 Filing
Thomas G. Jackson, EVP & General Counsel of Schneider National, reports disposition of shares to cover tax liabilities upon vesting of restricted stock.
Summary
- On March 15, 2024, Thomas G. Jackson, EVP & General Counsel of Schneider National, Inc. [SNDR], disposed of 567 shares of Class B Common Stock at $22.55 per share to satisfy tax liabilities upon vesting of restricted stock awarded on February 14, 2020.
- Additionally, 604 shares were disposed of at $22.55 per share to cover tax liabilities upon vesting of restricted stock awarded on February 15, 2021.
- Following these transactions, Jackson directly owns 66,526 shares of Class B Common Stock, of which 35,868 are unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/14/2020 | Date of restricted stock award related to the disposition of 567 shares. |
| 02/15/2021 | Date of restricted stock award related to the disposition of 604 shares. |
| 03/15/2024 | Date of the stock transactions (disposal of shares). |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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.