Schneider Paul J. 4

What Happened

• Paul J. Schneider, a member of Schneider National’s Board of Directors and a reported 10% owner, was granted 5,468 restricted stock units (RSUs) on April 30, 2026. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 (i.e., a compensatory grant, not a market purchase). The RSUs will be settled in shares of Class B common stock.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-04 (appears timely within required filing window).
• Award: 5,468 restricted stock units; acquisition price reported as $0.00.
• Settlement: RSUs will be settled in Class B common stock.
• Vesting: Units vest on the earlier of the one-year anniversary of the grant and the company’s annual shareholder meeting for the year following the grant, subject to the reporting person’s continued service as a board member (per footnote F1).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Transaction type: Award/Grant (A). No sale or open-market purchase occurred.

Context

• RSU grants are compensatory awards tied to service or performance and are different from open-market buys or sells; they generally don’t signal immediate market sentiment since they’re part of compensation. As a 10% owner and director, this grant appears to be board compensation subject to continued service and standard vesting conditions.