Form 4: Schneider National Executive Reports Stock Transactions

Shelly A. Dumas Magnin, Vice President and Controller at Schneider National, reports acquisition and disposal of Class B Common Stock due to vesting of performance shares and tax liabilities.

Summary

• On February 23, 2024, Shelly A. Dumas Magnin, Vice President and Controller of Schneider National, acquired 7,406 shares of Class B Common Stock at $0 due to the vesting of performance shares under the company's 2017 Omnibus Incentive Plan.
• On the same day, 3,585 shares were disposed of at $25.45 to satisfy tax liabilities upon the vesting of these performance shares.
• Following these transactions, Ms. Dumas Magnin beneficially owns 25,115 shares, of which 12,017 are unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports stock transactions related to executive compensation. The vesting of performance shares suggests the company met certain financial targets, which is mildly positive.

Positives

• The vesting of performance shares indicates that the company met certain financial performance criteria.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages and company performance. This filing provides transparency into the holdings of a key executive at Schneider National.

Stakeholder Impact

• The stock transactions have a minimal direct impact on stakeholders, but they provide insight into executive compensation and company performance.

Key Dates