GIERTZ JAMES R 4

What Happened

• James R. Giertz, a director of Schneider National, was granted 5,468 restricted stock units (RSUs) on 2026-04-30. The Form 4 reports the award at $0.00 per unit (total reported value $0) — this reflects a grant of units, not a cash purchase or sale.

Key Details

• Transaction type: Award/Grant (code A) of 5,468 RSUs at $0.00 each (reported value $0).
• Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (filed within the SEC’s required window).
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnote: Units vest on the earlier of the one‑year anniversary of the grant and the Company’s next annual shareholder meeting, subject to the reporting person’s continued board service; units will be settled in Class B common stock.
• Not a sale or purchase — this is a compensation award to a director.

Context

• RSUs are a deferred-equity award: they don’t convert into actual shares (and can’t be sold) until they vest and are settled. A $0 reported value here simply reflects the nature of the grant, not market value at vesting.
• Awards to directors are common as part of board compensation and do not by themselves indicate bullish or bearish insider trading activity.