DePrey Mary P. 4

What Happened
Mary P. DePrey, a 10% owner and member of Schneider National's Board of Directors, was granted 5,468 restricted stock units (RSUs) on April 30, 2026. The Form 4 reports the award as an acquisition (code A) at $0.00 per unit (no cash paid at grant). These RSUs will convert into shares of Class B common stock when settled.

Key Details

• Transaction date: 2026-04-30 (award of 5,468 RSUs); Form 4 filed 2026-05-04. The filing date is within the standard 2-business-day Form 4 deadline for this transaction.
• Reported price/value: $0.00 on the Form 4 (typical for equity awards that vest later).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The RSUs vest on the earlier of (a) the one-year anniversary of the grant or (b) the Company's next annual shareholder meeting, and are conditioned on DePrey's continued service as a director. Units will be settled in Class B common stock.
• Transaction type: Award/grant (A) — not an open-market purchase or sale.

Context
This is a typical director compensation award rather than a buy or sell signal. As a 10% owner and board member, DePrey's award reflects compensation and governance arrangements; it does not necessarily indicate a personal market view. The RSUs vest in the future and will convert into shares only if vesting conditions are met.