Form 4: C.H. Robinson Chief Legal Officer Reports Stock Transaction

Ben G. Campbell, Chief Legal Officer of C.H. Robinson Worldwide, Inc., reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On December 31, 2024, Ben G. Campbell, Chief Legal Officer/Secretary of C.H. Robinson Worldwide, Inc., had 1,248 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, Campbell beneficially owns 67,818 shares of C.H. Robinson common stock.
• This total includes 55,618 shares issuable in settlement of restricted stock units and deferred shares, 10,891 shares held directly, and 1,309 shares acquired through the employee stock purchase plan.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, indicating normal business operations. There is no information to suggest a positive or negative outlook, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• The transaction is typical for executives receiving stock-based compensation, where a portion of shares are withheld to cover tax liabilities.
• Comparable companies like JB Hunt and XPO Logistics also have executives who regularly file Form 4s for similar transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine tax withholding related to executive compensation.
• Employees may be interested in the details of the employee stock purchase plan.

Key Dates