Form 4: C.H. Robinson Executive Sells Shares After Option Exercise

C.H. Robinson's Chief Legal Officer, Ben G. Campbell, exercised stock options and sold shares on December 11, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Ben G. Campbell, Chief Legal Officer of C.H. Robinson Worldwide, Inc., executed a stock option exercise on December 11, 2024, acquiring 23,430 shares at a price of $76.72 per share.
• Following the option exercise, Mr. Campbell sold 25,976 shares of common stock at $110 per share on the same day.
• After these transactions, Mr. Campbell beneficially owns 69,066 shares of C.H. Robinson stock.
• The transactions were conducted under a pre-arranged trading plan (10b5-1) adopted on August 29, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider trading activity. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity, which is common for executives of publicly traded companies. The use of a 10b5-1 plan indicates that the transactions were pre-planned and not based on any material non-public information.

Comparison to Industry Standards

• Executive stock option exercises and sales are common across publicly traded companies, particularly in the technology and logistics sectors.
• The use of a 10b5-1 trading plan is a standard practice to avoid accusations of insider trading.
• The sale price of $110 per share is a reflection of the current market value of CHRW stock at the time of the transaction.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of a pre-planned trading strategy.

Key Dates

Keywords

stock options, insider trading, Form 4, CHRW, C.H. Robinson, executive compensation, 10b5-1 plan, stock sale