Filter James Scott 4
Research Summary
AI-generated summary
Schneider (SNDR) CEO James Filter Receives 14,767-Share Award
What Happened
James Filter, President & CEO of Schneider National, received an award of 14,767 restricted stock units (RSUs) on July 1, 2026. The award was reported at $0.00 per unit (i.e., a compensation grant rather than a purchase), total reported value $0. These units will convert into shares of Class B common stock upon vesting.
Key Details
- Transaction date: 2026-07-01; transaction code: A (award/grant).
- Reported price: $0.00 per unit; total reported cash consideration: $0.
- Vesting/settlement: RSUs vest in equal annual installments on each of the first three anniversaries of February 15, 2026, and will be settled in Class B common stock (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: 2026-07-06 — filed after the typical 2-business-day Form 4 deadline for insider reporting (appears late).
Context
RSU awards are a form of compensation that typically vest over time and convert to actual shares if the executive remains employed through each vesting date; they do not necessarily signal immediate buying or selling intent. Because this is a compensation grant (not an open-market purchase or sale), it’s routine for executive pay and should be viewed as such. Note the filing appears to have been submitted after the usual 2-business-day deadline, which is a timeliness issue but common and often due to administrative delays.