Form 4: Director Crawford Reports Transaction in C.H. Robinson Worldwide, Inc. (CHRW)

Director Kermit R. Crawford reports the disposition of 1,000 shares of Common Stock and acquisition of 574 Phantom Stock (Restricted Stock Units) in C.H. Robinson Worldwide, Inc.

Summary

• On March 31, 2024, Kermit R. Crawford, a director of C.H. Robinson Worldwide, Inc., reported a transaction involving the company's securities.
• Crawford disposed of 1,000 shares of Common Stock.
• Crawford acquired 574 Phantom Stock (Restricted Stock Units) which are immediately vested and will be paid in one share of common stock each upon termination of service as a director.
• Following the reported transactions, Crawford beneficially owns 6,228 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders are informed about the director's transactions in the company's stock.

Key Dates