Form 4: C.H. Robinson Executive Arun Rajan Reports Stock Transaction
SEC Form 4 Filing
Arun Rajan, Chief Strategy & Innovation Officer at C.H. Robinson Worldwide, Inc., reports disposition of shares to cover tax obligations.
Summary
- Arun Rajan, Chief Strategy & Innovation Officer of C.H. Robinson Worldwide, Inc., filed a Form 4 on February 20, 2025.
- The report details a transaction on February 18, 2025, where 7,428 shares of common stock were disposed of at a price of $99.49.
- These shares were withheld by the issuer to cover the reporting person's tax obligations upon the vesting of restricted stock units.
- Following the transaction, Rajan beneficially owns 132,977 shares, including shares issuable in settlement of restricted stock units and deferred shares, as well as shares held directly and acquired through the employee stock purchase plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates that a company executive has disposed of shares to cover tax obligations related to vested stock units, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transaction (disposal of shares). |
| 02/20/2025 | Date of Form 4 filing. |
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