Form 4: C.H. Robinson Director Goodburn Acquires Shares and Phantom Stock Units

Director Mark A. Goodburn reports acquisition of common stock and phantom stock units in C.H. Robinson Worldwide, Inc.

Summary

• On March 31, 2025, Mark A. Goodburn, a director of C. H. Robinson Worldwide, Inc., reported acquiring common stock and phantom stock units.
• Goodburn acquired 2,280 shares of common stock directly.
• He also acquired 768 phantom stock units, which will be paid in one share of common stock each.
• 427 of the restricted stock units were granted at no cost as a quarterly installment of the annual equity-based award.
• 341 restricted stock units were granted at a price of $102.40 per unit in connection with the director's election to defer receipt of his most recent quarterly cash retainer payment.
• The restricted stock units are immediately vested and become payable in shares of common stock following the director's termination of service, according to a previously chosen schedule.
• Following the reported transactions, Goodburn beneficially owns 9,718 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects insider confidence through stock acquisition, but it's a routine transaction.

Positives

• The acquisition of shares and phantom stock units by a director signals confidence in the company's future.
• The structure of the phantom stock units incentivizes long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements about the company's overall performance, but the director's continued investment suggests a positive outlook from their perspective.

Industry Context

Director stock acquisitions are common and often viewed positively, reflecting insider confidence. This filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The stock acquisition could have a slightly positive impact on shareholder sentiment.
• The structure of the phantom stock units incentivizes the director to act in the long-term interests of the company and its stakeholders.

Key Dates

Keywords

Form 4, Director, Mark A. Goodburn, C. H. Robinson, Stock Acquisition, Phantom Stock Units, CHRW