Form 4: C.H. Robinson Director Guilfoile Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Mary Guilfoile reports the acquisition of 423 restricted stock units of C.H. Robinson Worldwide, Inc. as part of her director compensation.
Summary
- On December 31, 2024, Mary Guilfoile, a director of C.H. Robinson Worldwide, Inc., acquired 423 restricted stock units (phantom stock).
- These units were granted as a quarterly installment of her annual equity-based award for non-employee directors.
- The restricted stock units are immediately vested and will be paid in shares of common stock following her termination of service as a director, according to a previously chosen schedule.
- Following the transaction, Guilfoile beneficially owns 19,193 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, aligning interests with shareholders.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
- Immediate vesting of the units provides an incentive for continued service.
Industry Context
Director compensation through equity grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Mary Guilfoile acquired 423 restricted stock units. |
| 01/03/2025 | Date of report filing. |
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