Form 4: C. H. Robinson CFO Damon Lee Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
C. H. Robinson Worldwide, Inc.'s Chief Financial Officer, Damon J. Lee, reported the disposition of 5,848 shares of common stock at $95.17 per share to satisfy tax withholding obligations upon restricted stock unit vesting.
Summary
- Damon J. Lee, Chief Financial Officer of C. H. Robinson Worldwide, Inc. (CHRW), filed a Form 4 statement.
- The filing reports a transaction on July 8, 2025, involving the disposition of 5,848 shares of common stock.
- These shares were withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- The price per share for the disposed securities was $95.17.
- Following this transaction, Damon J. Lee beneficially owns 37,737 shares, which includes 32,563 shares of restricted stock units and 5,174 shares held directly.
Sentiment
Score: 5
Explanation: The document reports a routine, non-discretionary insider transaction related to tax withholding on vested equity compensation, which is a neutral event for the company's operational or financial performance.
Positives
- The transaction represents the vesting of restricted stock units, indicating the fulfillment of equity compensation for the Chief Financial Officer.
- The disposition of shares is a routine, non-discretionary event to cover tax liabilities, reflecting standard corporate compensation practices.
Negatives
- The document does not present any negative operational or financial developments for C. H. Robinson Worldwide, Inc.
Risks
- The document itself does not introduce new company-specific risks; it is a compliance filing for an insider transaction.
Future Outlook
This Form 4 filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction filing is specific to C. H. Robinson Worldwide, Inc. and its Chief Financial Officer, Damon J. Lee. It does not provide broader industry trends or competitive analysis.
Related Party Transactions
- The transaction involves the disposition of shares by a corporate officer (Damon J. Lee, CFO) to the issuer (C. H. Robinson Worldwide, Inc.) to cover tax obligations arising from equity compensation vesting. This is a routine insider transaction.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine tax-related disposition of vested equity, not a discretionary sale by the officer.
- Employees (CFO): The transaction reflects the vesting and taxation of equity compensation, a standard part of executive remuneration.
Key Dates
| Date | Description |
|---|---|
| 07/08/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 07/10/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Damon J. Lee. |
Recommendation
holdKeywords
C. H. Robinson, CHRW, Damon J. Lee, Form 4, insider transaction, stock disposition, CFO, restricted stock units, tax withholding, equity compensation
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