Form 4: C.H. Robinson Director Kermit R. Crawford Reports Acquisition of 1,940 Phantom Stock Units

Director Kermit R. Crawford reports acquisition of 1,940 phantom stock units in C.H. Robinson Worldwide, Inc.

Summary

• Kermit R. Crawford, a director of C.H. Robinson Worldwide, Inc., filed a Form 4 on May 12, 2025, reporting a transaction.
• On May 8, 2025, Crawford acquired 1,940 phantom stock units (Restricted Stock Units).
• These restricted stock units are immediately vested and will be paid in one share of common stock each following termination of service as a director, according to a previously chosen schedule.
• Crawford also disposed of 1,000 shares of common stock.
• Following the reported transaction, Crawford beneficially owns 9,910 derivative securities.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing. The acquisition of phantom stock units is generally viewed neutrally, as it aligns director interests with shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The immediate vesting of the restricted stock units could be seen as a positive incentive.

Future Outlook

The phantom 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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

Keywords

Form 4, Director, Kermit R. Crawford, C.H. Robinson, Phantom Stock Units, Restricted Stock Units, Beneficial Ownership, CHRW