Thomas Jackson - 27 Nov 2024 Form 4 Insider Report for Schneider National, Inc. (SNDR)

Signature
/s/ Thomas Jackson
Issuer symbol
SNDR
Transactions as of
27 Nov 2024
Transactions value $
-$297,608
Form type
4
Filing time
02 Dec 2024, 17:41:10 UTC
Previous filing
19 Mar 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDR Class B Common Stock Options Exercise $305,836 +18,248 +27.43% $16.76 84,774 27 Nov 2024 Direct
transaction SNDR Class B Common Stock Sale -$603,444 -18,248 -21.53% $33.07 66,526 27 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNDR Employee Stock Option-Right to Buy Options Exercise $0 -18,248 -100% $0 0 27 Nov 2024 Class B Common Stock 18,248 $16.76 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $32.91 USD to $33.28 USD; the price reported above reflects the weighted average sale price.
F2 In accordance with the provisions of the applicable plan and option agreements, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options from $18.76 at the time of the grant to $16.76 in order to reflect the $2.00 per share special dividend paid on outstanding shares of the Issuer's Class A and Class B common stock on November 9, 2020.
F3 These options vested in equal annual installments on each of the first four anniversaries of the grant date, which was March 15, 2019.