GIERTZ JAMES R 4
Research Summary
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Schneider (SNDR) Director James R. Giertz Receives 11.9-Share Award
What Happened
- James R. Giertz, a director of Schneider National, Inc., acquired 11.9 deferred stock units on July 10, 2026. The reported price per unit was $36.40, for a total value of approximately $433. This transaction is reported as an award/grant (code A) rather than an open-market purchase.
Key Details
- Transaction date: 2026-07-10; Price: $36.40 per unit; Amount: 11.9 units; Total value: ~$433.
- Transaction type/code: Acquisition via Award/Grant (A) under the Director Deferred Compensation Program.
- Shares owned following the transaction: Not specified in the filing.
- Footnote: These are deferred stock units acquired pursuant to a previously available dividend reinvestment feature of the Schneider Director Deferred Compensation Program; the units will be settled in Class B common stock per program terms (Footnote F1).
- Filing timeliness: Form 4 was filed on 2026-07-14, which meets the typical two-business-day filing requirement for Form 4s.
Context
- This was not an open-market purchase but an award of deferred stock units tied to a director compensation program (a routine, non-speculative administrative event). The units convert to Class B common shares under the program terms when settled. Such routine dividend reinvestment or deferred-compensation transactions are common for directors and do not, by themselves, imply a change in company outlook.