Form 4: C.H. Robinson Executive Michael Short Reports Stock Sales and Tax Withholding
SEC Form 4 Filing
Michael Short, President of Global Forwarding at C.H. Robinson Worldwide, Inc., reported the sale of common stock and shares withheld for tax obligations on February 18, 2025.
Summary
- On February 18, 2025, Michael Short, President of Global Forwarding at C.H. Robinson Worldwide, Inc., disposed of shares of common stock.
- 5,344 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock units at a price of $99.49 per share.
- Additionally, 12,209 shares were sold at an average price of $99.576, with individual sale prices ranging from $99.42 to $99.85.
- Following these transactions, Short beneficially owns 72,495 shares, including 60,286 shares issuable in settlement of restricted stock units and deferred shares in the NQDC Plan account.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transactions (tax withholding and sale). |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, C.H. Robinson, Michael Short, Stock Sale, Beneficial Ownership, Tax Withholding, CHRW, Global Forwarding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.