Form 4: C.H. Robinson Director Henry J. Maier Reports Acquisition of Restricted Stock Units

Director Henry J. Maier reports acquiring 496 restricted stock units of C.H. Robinson Worldwide, Inc. as part of a quarterly installment of an equity-based award.

Summary

• Henry J. Maier, a director of C.H. Robinson Worldwide, Inc., reported the acquisition of 496 restricted stock units on June 30, 2024.
• These units are part of a quarterly installment of the annual equity-based award provided to non-employee directors.
• The restricted stock units are immediately vested and will be paid in shares of common stock following the director's termination of service, according to a previously chosen schedule.
• Following the transaction, Maier directly owns 4,487 derivative securities (phantom stock/restricted stock units) and 1,922 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of stock units to a director. It doesn't indicate any specific positive or negative outlook.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder confidence as it shows director alignment with company performance.

Key Dates