Form 4: C.H. Robinson Worldwide Director James J. Barber Jr. Reports Acquisition of Restricted Stock Units

Director James J. Barber Jr. reports acquisition of 396 restricted stock units in C.H. Robinson Worldwide, Inc.

Summary

• On September 30, 2024, James J. Barber Jr., a director of C.H. Robinson Worldwide, Inc., acquired 396 restricted stock units.
• These units are part of the annual equity-based award for non-employee directors and were granted at no cost.
• Each unit represents the right to receive one share of common stock.
• The restricted stock units are immediately vested and will be paid out in shares of common stock following the director's termination of service, according to a previously chosen schedule.
• Following this transaction, Barber directly owns 3,465 shares of common stock.

Sentiment

Score: 7

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

Positives

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

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates