Insider Selling Continues for Schneider National’s CFO
On February 19, 2026, EVP‑CFO Campbell Darrell George sold 6,000 Class B shares of Schneider National at a weighted average price of $28.89, slightly below the market close of $29.02. This sale follows a cluster of transactions by George in mid‑February—three separate sells totaling 4,777 shares on the 15th and a buy of 24,365 shares on the 13th—leaving him with 66,275 shares, or roughly 0.13 % of the outstanding Class B equity. The volume of these trades is modest relative to the company’s daily trading volume, but the pattern of frequent, small sales has drawn attention from investors and market watchers.
What Does This Mean for Investors?
Schneider’s stock has been on an upward trend, rising 10.8 % year‑to‑date against a 52‑week high of $30.98, yet the recent series of insider sales may signal a short‑term profit‑taking stance by the CFO. Investors should consider whether the sales are driven by personal liquidity needs, portfolio rebalancing, or a belief that the share price may soon peak. The lack of any public statements or earnings commentary from George makes it difficult to discern intent. Nonetheless, the consistent selling cadence—coupled with similar activity by other executives such as CEO Mark Rourke—could suggest a broader executive sentiment that the valuation may be slightly over‑extended given the company’s high P/E of 48.5 and a modest profit margin in a competitive freight market.
Insight into Campbell George’s Trading Habits
George’s transaction history over the past two months shows a pattern of buying and selling in quick succession. He bought 24,365 shares on February 13 at the market price, then sold 733, 1,844, and 2,200 shares on February 15, reducing his holding from 77,052 to 72,275 shares. The most recent sale on the 19th further trims his position. This behavior aligns with a tactical approach: accumulating when prices dip slightly and off‑loading when they climb. Notably, George’s trades are all at or near the prevailing market price, suggesting he is not seeking premium prices or engaging in insider speculation beyond typical market participation.
Broader Executive Activity and Market Context
Schneider’s executive suite has been active this week: CEO Mark Rourke bought 93,979 shares on February 13 and sold a total of 63,398 shares on February 15, while other EVP‑level executives such as James Scott, Robert Reich, and Shaleen Devgun also engaged in sizeable trades. This concentration of insider activity—especially sales—may reflect a collective view that the stock’s valuation is nearing a peak following its recent rally. The company’s fundamentals—solid revenue streams from truckload and intermodal services, a diversified logistics portfolio, and a robust free‑cash‑flow profile—remain strong, but the high price‑earnings ratio and recent insider selling could signal a correction on the horizon.
Looking Ahead
For investors, the key takeaway is vigilance. Monitor Schneider’s next earnings release, any guidance on growth initiatives, and the trajectory of executive holdings. While the CFO’s recent sale may be a routine liquidity move, the cluster of insider sales could foreshadow a modest pullback. At the same time, the company’s solid operational fundamentals and strategic positioning in the ground transportation sector still offer upside potential, especially if the share price stabilizes around its recent support level near $28–$29.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-19 | Campbell Darrell George (EVP - CFO) | Sell | 6,000.00 | 28.89 | Class B Common Stock |
