Campbell Darrell George 4
Research Summary
AI-generated summary
Schneider (SNDR) EVP‑CFO Darrell Campbell Receives RSU Award
What Happened
Darrell George Campbell, EVP and Chief Financial Officer of Schneider National, was granted 24,365 restricted stock units (RSUs) on 2026-02-13 (reported as an acquisition at $0.00). On 2026-02-15 a total of 4,777 shares were disposed/withheld to satisfy tax obligations: 733, 2,200 and 1,844 shares were withheld at $28.73 per share for cash value amounts of $21,059; $63,206; and $52,978 respectively (total withholding value $137,243). These disposals are tax-withholding actions, not open‑market sales.
Key Details
- Transaction dates and prices:
- 2026-02-13: Grant of 24,365 RSUs (reported acquisition @ $0.00).
- 2026-02-15: Shares withheld—733, 2,200, 1,844 shares—each at $28.73; totals $21,059; $63,206; $52,978 (aggregate $137,243).
- Shares owned after the transactions: Not specified in the provided filing excerpt.
- Footnotes:
- F1: The award consists of RSUs that vest in equal annual installments on each of the first three anniversaries of Feb 15, 2026; units will be settled in Class B common stock.
- F2–F4: The withheld shares correspond to tax liabilities upon vesting of RSU awards from Feb 15, 2023, Feb 15, 2024 and Feb 15, 2025.
- Transaction codes: A = award/grant; F = shares withheld to satisfy tax liabilities (not a market sale).
Context
RSU grants are compensation and typically vest over time; this award vests in three equal installments per F1. The discretionary withholding of shares to cover taxes is routine and does not indicate an open-market sale or a directional bet by the insider. For retail investors, purchases or open-market buys by insiders carry different informational weight than compensation grants and tax-withholding disposals.