Schneider National (NYSE: SNDR) CEO details stock grant, gifts and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schneider National, Inc. President & CEO Mark B. Rourke reported several Class B common stock transactions. He received a grant of 93,979 restricted stock units that vest in equal annual installments on each of the first three anniversaries of February 15, 2026, settling in Class B shares.
On the same Form 4, he reported four tax-withholding dispositions of Class B stock on February 15, 2026 at $28.73 per share, used to satisfy tax liabilities on restricted stock units that vested from awards granted in 2022, 2023, 2024, and 2025. He also reported bona fide gifts of 66,918 shares directly and 66,918 shares indirectly through a trust on February 18, 2026, reallocating holdings without any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
133,836 shares gifted
Mixed
7 txns
Insider
Rourke Mark B.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 66,918 | $0.00 | -- |
| Gift | Class B Common Stock | 66,918 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 12,537 | $28.73 | $360K |
| Tax Withholding | Class B Common Stock | 4,524 | $28.73 | $130K |
| Tax Withholding | Class B Common Stock | 27,745 | $28.73 | $797K |
| Tax Withholding | Class B Common Stock | 9,180 | $28.73 | $264K |
| Grant/Award | Class B Common Stock | 93,979 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 221,522 shares (Direct);
Class B Common Stock — 943,108 shares (Indirect, By Trust)
Footnotes (1)
- Consists of restricted stock units that vest in equal annual installments on each of the first three anniversaries of February 15, 2026, subject to the employee's continued employment through the applicable vesting date. The units will be settled in shares of Class B common stock. Shares withheld to satisfy tax liabilities upon vesting of February 15, 2025 award of restricted stock units. Shares withheld to satisfy tax liabilities upon vesting of February 15, 2022 award of restricted stock units. Shares withheld to satisfy tax liabilities upon vesting of February 15, 2024 award of restricted stock units. Shares withheld to satisfy tax liabilities upon vesting of February 15, 2023 award of restricted stock units. Represents shares of Class B Common Stock that vested on February 15, 2026 with respect to restricted stock awards previously granted to the reporting person. The reporting person holds unvested restricted stock directly and vested stock in trust.
FAQ
What insider stock transactions did Schneider National (SNDR) CEO Mark B. Rourke report?
Mark B. Rourke reported a new grant of 93,979 restricted stock units and several dispositions of Class B shares. The dispositions included tax-withholding transactions linked to vesting awards and bona fide gifts made both from his direct holdings and from shares held through a trust.
Were Mark B. Rourke’s Schneider National (SNDR) stock moves open-market sales?
No, the reported Schneider National transactions were not open-market sales. They consisted of a stock unit grant, tax-withholding dispositions at $28.73 per share upon RSU vesting, and bona fide gifts of Class B common stock, including transfers through a trust associated with him.
How will Mark B. Rourke’s new Schneider National (SNDR) restricted stock units vest?
The 93,979 restricted stock units awarded to Mark B. Rourke vest in equal annual installments over three years. Vesting occurs on each of the first three anniversaries of February 15, 2026, and each vested installment will be settled in Schneider National Class B common stock.