Form 4: C.H. Robinson CEO David Bozeman Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
David Bozeman, President & CEO of C.H. Robinson Worldwide, Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On December 31, 2024, David Bozeman, the President & CEO of C.H. Robinson Worldwide, Inc., disposed of 6,819 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer upon the vesting of restricted stock units.
- The transaction was executed at a price of $103.48 per share.
- Following the transaction, Bozeman directly owns 136,710 shares, which includes 89,210 shares of restricted stock units and 47,500 shares held directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate any positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Disposal of shares for tax obligations. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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