Form 4: C.H. Robinson CEO David Bozeman Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Bozeman, President and CEO of C.H. Robinson Worldwide, Inc., sold 14,615 shares of common stock on June 26, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- David Bozeman, the President and CEO of C.H. Robinson Worldwide, Inc., reported a transaction involving the company's common stock.
- On June 26, 2024, Bozeman sold 14,615 shares of common stock at a price of $89.5 per share.
- This sale was executed to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- Following the transaction, Bozeman directly owns 143,529 shares, which includes 104,160 shares of restricted stock units and 39,369 shares held directly.
- The transaction was reported on June 28, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock transaction for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: David Bozeman sold shares of C.H. Robinson stock. |
| 06/28/2024 | Date of Form 4 filing. |
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