Chopra Jyoti 4
Research Summary
AI-generated summary
Schneider National (SNDR) Director Jyoti Chopra Receives Award
What Happened
Jyoti Chopra, a member of Schneider National's Board of Directors, received a grant of 5,468 restricted stock units (transaction code A) on April 30, 2026. The filing reports an acquisition price of $0.00 for the award (typical for RSU grants); the reported dollar value at grant was $0 on the Form 4. This is a compensation award rather than a purchase or sale.
Key Details
- Transaction date: 2026-04-30; Report filed: 2026-05-04 (timely filing).
- Amount: 5,468 RSUs; Price reported: $0.00.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: RSUs vest on the earlier of the one-year anniversary of the grant or the company's next annual shareholder meeting, subject to continued board service; units will be settled in Class B common stock (see footnote F1).
- Transaction type: A = Award/Grant; no sale or purchase of open-market shares here.
Context
This grant is a standard form of director compensation and does not by itself indicate a purchase-based bullish signal or a sale-based liquidity event. The RSUs convert to Class B common shares upon vesting if the director remains in service through the vesting date.