Form 4: C.H. Robinson Worldwide CFO Damon J. Lee Reports Acquisition of 7,700 Shares

Damon J. Lee, CFO of C.H. Robinson Worldwide, reports acquiring 7,700 shares of common stock on February 5, 2025, as part of a restricted stock unit grant.

Summary

• Damon J. Lee, the Chief Financial Officer of C.H. Robinson Worldwide, Inc., filed a Form 4 on February 7, 2025.
• The report details a transaction on February 5, 2025, where Lee acquired 7,700 shares of C.H. Robinson common stock.
• These shares were acquired through the vesting of restricted stock units.
• The restricted stock units vest ratably over a 3-year period between January 1, 2025, and December 31, 2027.
• Following the reported transaction, Lee beneficially owns 43,585 shares, including 42,080 shares of restricted stock units and 1,515 shares held directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by the CFO suggests confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule of the restricted stock units suggests a continued alignment of the executive's interests with the company's performance over the next three years.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's acquisition of company stock, which is a common form of executive compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the CFO's interests with the company's performance.

Key Dates

Keywords

Form 4, C.H. Robinson, Damon J. Lee, CHRW, CFO, Stock Acquisition, Restricted Stock Units, Beneficial Ownership