Form 4: C.H. Robinson CFO Damon J. Lee Reports Stock Transaction
SEC Form 4 Filing
C.H. Robinson's Chief Financial Officer, Damon J. Lee, reported a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On December 31, 2024, Damon J. Lee, the Chief Financial Officer of C.H. Robinson Worldwide, Inc., had 1,263 shares of common stock withheld by the issuer to cover tax obligations.
- The shares were withheld at a price of $103.48 per share.
- Following the transaction, Lee directly owns 35,885 shares of C.H. Robinson common stock.
- This total includes 34,380 shares issuable in settlement of restricted stock units and deferred shares, as well as 1,505 shares held directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock transactions related to tax obligations on vested equity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock transaction (share withholding for tax obligations). |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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