Schneider National, Inc.
For the period ended Jun 30, 2026. Filed Jul 31, 2026.
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Jun 30, 2026 · Filed Jul 31, 2026
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Share-Based Compensation
- SHARE-BASED COMPENSATION
We grant various equity-based awards relating to Class B common stock to employees under our 2017 Omnibus Incentive Plan. These awards have historically consisted of restricted shares, RSUs, performance-based restricted shares (“performance shares”), PSUs, and non-qualified stock options. Performance shares and PSUs granted are earned based on attainment of threshold performance of earnings and return on capital targets, in addition to a multiplier applied based on rTSR against peers over the performance period.
Share-based compensation expense was $4.5 million and $4.6 million for the three months ended June 30, 2026 and 2025, respectively, and $8.6 million and $9.2 million for the six months ended June 30, 2026 and 2025, respectively. We recognize share-based compensation expense over the awards’ vesting period. As of June 30, 2026, we had $26.7 million of pre-tax unrecognized compensation cost related to outstanding share-based compensation awards expected to be recognized over a weighted average period of 2.0 years.
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