Form 4: C.H. Robinson Director Gokey Acquires Phantom Stock Units

Director Timothy C. Gokey acquired 695 phantom stock units in C.H. Robinson Worldwide, Inc. on March 31, 2025.

Summary

• On March 31, 2025, Timothy C. Gokey, a director of C.H. Robinson Worldwide, Inc., acquired 695 phantom stock units.
• 427 of these units were granted at no cost as a quarterly installment of the annual equity-based award for non-employee directors.
• The remaining 268 units were granted at a price of $102.40 per unit due to Gokey's election to defer his recent quarterly cash retainer payment.
• These restricted stock units are immediately vested and will be paid in shares of common stock following Gokey's termination of service as a director, according to a previously chosen schedule.
• Following the transaction, Gokey beneficially owns 22,863 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of stock units by a director suggests confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of phantom stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The equity-based award for non-employee directors aligns their interests with those of the shareholders.
• Gokey's decision to defer his cash retainer payment into stock units further demonstrates his commitment to the company's long-term success.

Future Outlook

The restricted stock units will be paid out in shares of common stock following Gokey's termination of service as a director, according to a previously chosen schedule.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies as part of executive compensation and alignment of interests.

Comparison to Industry Standards

• Equity-based compensation for directors is a standard practice in publicly traded companies.
• Companies like JB Hunt, XPO Logistics, and Knight-Swift Transportation also utilize stock options and restricted stock units as part of their director compensation packages.
• The specific terms and amounts of these awards vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

phantom stock, restricted stock units, director, Gokey, CHRW, C.H. Robinson, beneficial ownership, equity-based award