Form 4: CHRW Executive Sells Shares Under 10b5-1 Plan

C. H. Robinson Worldwide President, NAST, Michael D. Castagnetto, sold 2,849 shares of common stock for $194.2 each under a pre-arranged 10b5-1 plan.

Summary

• Michael D. Castagnetto, President, North American Surface Transportation (NAST) at C. H. Robinson Worldwide, Inc. (CHRW), reported a sale of company common stock.
• The transaction involved the disposition of 2,849 shares at a price of $194.2 per share.
• This sale was executed on February 2, 2026, under a pre-arranged Rule 10b5-1(c) trading plan, which was adopted on November 3, 2025.
• Following this transaction, Mr. Castagnetto beneficially owns 28,149 shares of CHRW common stock.
• The remaining beneficial ownership includes 25,407 shares issuable from restricted stock units and deferred shares, and 2,742 shares held directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale was conducted under a pre-arranged 10b5-1 plan, indicating it was scheduled in advance and not necessarily a reaction to new information, thus having minimal impact on overall sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are a common practice for executives to manage personal finances and diversify holdings. These plans are pre-scheduled to avoid accusations of trading on material non-public information, making this a routine disclosure within the industry.

Stakeholder Impact

• Minimal direct impact on shareholders, as this is a routine, pre-scheduled insider transaction and does not suggest a change in company fundamentals.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

A single insider sale, particularly one executed under a pre-arranged 10b5-1 plan, typically does not warrant a change in investment recommendation. Such transactions are often for personal financial planning and diversification rather than a reflection of the company's immediate prospects. Investors should continue to evaluate CHRW based on its broader financial performance, strategic initiatives, and market conditions.

Keywords

CHRW, C. H. Robinson, Form 4, insider trading, stock sale, 10b5-1 plan, Michael D. Castagnetto