Form 4: C.H. Robinson Chief Legal Officer Ben G. Campbell Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Ben G. Campbell, Chief Legal Officer/Secretary of C.H. Robinson Worldwide, Inc., reported selling 2,780 shares of common stock on August 27, 2024.

Summary

  • On August 27, 2024, Ben G. Campbell, the Chief Legal Officer/Secretary of C.H. Robinson Worldwide, Inc., sold 2,780 shares of common stock.
  • The sale price was $102.106 per share.
  • Following the transaction, Campbell directly owns 71,612 shares, which includes shares issuable in settlement of restricted stock units and deferred shares, as well as shares acquired through the employee stock purchase plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. It is difficult to assess the impact of this sale without knowing the insider's overall holdings and past trading behavior.

Stakeholder Impact

  • The stock sale by a high-ranking officer could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the officer's total holdings.

Key Dates

DateDescription
08/27/2024Date of stock sale transaction
08/29/2024Date of Form 4 filing

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