Schneider National, Inc.·4

Feb 18, 5:34 PM ET

Filter James Scott 4

Research Summary

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Schneider (SNDR) EVP James Scott Receives Award; Shares Withheld

What Happened

  • James Scott, EVP and President, Transportation & Logistics at Schneider (SNDR), was granted 20,014 restricted stock units (RSUs) on Feb 13, 2026. Those RSUs were reported as an award (code A) and will settle into Class B common stock.
  • On Feb 15, 2026, a total of 11,953 shares were withheld (coded F) to satisfy tax liabilities tied to vested RSU awards. Withholdings occurred at $28.73 per share, totaling approximately $343,410 across four withholding actions. These withholdings are routine tax-cover transactions, not open-market sales.

Key Details

  • Transaction dates and prices:
    • 2026-02-13: Award of 20,014 RSUs (A), $0.00 acquisition price (grant).
    • 2026-02-15: Shares withheld to cover taxes (F): 2,990 @ $28.73 ($85,903); 681 @ $28.73 ($19,565); 6,327 @ $28.73 ($181,775); 1,955 @ $28.73 ($56,167).
  • Total withheld: 11,953 shares for roughly $343,410 in tax liability.
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes:
    • F1: The 20,014 RSUs vest in equal annual installments on each of the first three anniversaries of Feb 15, 2026 and will be settled in Class B common stock.
    • F2–F5: Indicate the withheld shares relate to satisfying tax liabilities from prior RSU awards (vesting dates include 2022–2025 awards as noted in the filing).
  • Filing timeliness: Report filed Feb 18, 2026 for transactions on Feb 13 and Feb 15; the filing does not indicate a late report.

Context

  • RSUs are compensation awards that convert to shares upon vesting. The Feb 13 grant vests over three years per the filing.
  • The Feb 15 transactions were tax-withholding dispositions (code F), a common administrative step when RSUs vest — not an open-market sale signaling a change in insider sentiment.
  • These transactions are routine insider compensation events; they provide limited insight into the insider’s view of the company beyond participation in standard equity compensation.