Form 4: C.H. Robinson Director Michael McGarry Acquires Additional Restricted Stock Units

Director Michael McGarry reports acquisition of 423 restricted stock units in C.H. Robinson Worldwide, Inc.

Summary

• On December 31, 2024, Michael H. McGarry, a director of C.H. Robinson Worldwide, Inc., acquired 423 restricted stock units.
• These units were granted as a quarterly installment of the 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 the director's termination of service, according to a previously chosen schedule.
• Following the transaction, McGarry directly owns 1,108 derivative securities (Phantom Stock/Restricted Stock Units).

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a routine transaction related to director compensation, indicating alignment of 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.

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 related to director compensation and equity ownership, common in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include equity-based awards like restricted stock units to align their interests with shareholders, a common practice among publicly traded companies.
• The vesting schedule and payout terms are typical for director equity grants, often tied to continued service and post-service arrangements.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates