Form 4: Schneider National Executive Thomas G. Jackson Reports Stock Transactions
SEC Form 4
EVP and General Counsel Thomas G. Jackson reports acquisition of restricted stock units and disposition of shares to cover tax liabilities.
Summary
- Thomas G. Jackson, EVP General Counsel of Schneider National, Inc., reported transactions involving Class B Common Stock.
- On February 14, 2025, Jackson acquired 13,264 shares of Class B Common Stock through restricted stock units at $0.00.
- On February 15, 2025, Jackson disposed of 681, 4,223, and 1,412 shares of Class B Common Stock at $27.52 per share to satisfy tax liabilities related to vesting of restricted stock units.
- Following these transactions, Jackson beneficially owns 73,474 shares of Class B Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to compensation and tax obligations. There is no indication of significant positive or negative implications for the company.
Positives
- The acquisition of 13,264 restricted stock units indicates a continued alignment of the executive's interests with the company's long-term performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring transparency and compliance with SEC regulations.
- Similar filings are made by executives at comparable companies like JB Hunt and Knight-Swift Transportation, detailing their stock transactions.
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 |
|---|---|
| 02/14/2025 | Acquisition of 13,264 shares of Class B Common Stock through restricted stock units. |
| 02/15/2025 | Disposition of 681, 4,223, and 1,412 shares of Class B Common Stock to satisfy tax liabilities. |
| 02/15/2025 | First vesting anniversary of restricted stock units. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Schneider National, SNDR, Thomas G. Jackson, Restricted Stock Units, Tax Liabilities
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