Form 4: C.H. Robinson Director Michael McGarry Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Michael McGarry reports acquisition of 427 restricted stock units of C.H. Robinson Worldwide, Inc.

Summary

  • Michael H. McGarry, a director of C.H. Robinson Worldwide, Inc., reported the acquisition of 427 restricted stock units on March 31, 2025.
  • These restricted stock units were granted at no cost as a quarterly installment of the annual equity-based award for non-employee directors.
  • Each restricted stock unit will be paid in one share of common stock.
  • The restricted stock units are immediately vested and will be payable in shares of common stock following the director's termination of service, according to a previously chosen schedule.
  • Following the transaction, McGarry beneficially owns 1,535 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard equity compensation practices for directors, aligning their interests with shareholders.

Positives

  • The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
  • The immediate vesting of the units provides an incentive for continued service.

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 has a minor positive impact on shareholders by aligning director incentives with company performance.

Key Dates

DateDescription
03/31/2025Date of transaction: acquisition of restricted stock units
04/02/2025Date of report filing

Keywords

restricted stock units, Form 4, director, CHRW, C.H. Robinson, beneficial ownership, equity-based award

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