Form 4: Schneider National Executive Transfers Shares in Trust

Mark B. Rourke, EVP & COO of Schneider National, transferred 9,151 shares of Class B Common Stock to a trust and received 9,151 shares from a trust on December 4, 2024.

Summary

• Mark B. Rourke, an Executive Vice President and Chief Operating Officer at Schneider National, engaged in a transaction involving the company's Class B Common Stock on December 4, 2024.
• He transferred 9,151 shares of Class B Common Stock to a trust, and simultaneously received 9,151 shares from a trust.
• The transactions were conducted at a price of $0.00 per share, indicating a transfer rather than a sale or purchase.
• Following these transactions, Mr. Rourke directly owns 257,736 shares and indirectly owns 819,356 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine stock transfer, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like Schneider National.
• These transactions are typically disclosed through SEC Form 4 filings, which are standard practice.
• The transfer of shares to and from a trust is a common estate planning strategy for executives.

Stakeholder Impact

• The stock transfer has no immediate impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Schneider National, SNDR, stock transfer, Class B Common Stock, executive transaction, trust, Mark B. Rourke