Form 4: Director Gokey Acquires CHRW Phantom Stock Units
Statement of Changes in Beneficial Ownership
Timothy C. Gokey, a Director at C. H. Robinson Worldwide, Inc. (CHRW), acquired 163 phantom stock units on June 30, 2026, as part of a deferred compensation plan.
Summary
- Timothy C. Gokey, a Director of C. H. Robinson Worldwide, Inc. (CHRW), acquired 163 phantom stock units on June 30, 2026.
- These units are equivalent to common stock and were granted as part of an election to defer receipt of a quarterly cash retainer payment.
- The phantom stock units are immediately vested and will be paid in shares of common stock upon the reporting person's termination of service as a director, according to a previously chosen schedule.
- The reported transaction code is 'A', indicating acquisition.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard compensation and deferral mechanism for a director rather than a new investment or divestment decision.
Positives
- Director Gokey's acquisition of phantom stock units indicates continued commitment and alignment with the company's long-term performance.
- The immediate vesting of these units suggests confidence in the company's ongoing value and future prospects.
Future Outlook
The phantom stock units are scheduled to be paid in shares of common stock following the reporting person's termination of service as a director, according to a previously chosen schedule.
Industry Context
StockSavvy.ai notes that insider transactions, such as the acquisition of phantom stock units by a director, are common in the logistics and transportation industry as a method for executive compensation and aligning management interests with shareholder value.
Stakeholder Impact
- Shareholders: The transaction reinforces director alignment with long-term company performance, which is generally viewed positively.
Next Steps
- Payment of phantom stock units in shares of common stock upon termination of service as a director.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Date of earliest transaction and acquisition of phantom stock units. |
| 07/02/2026 | Date of filing of the Form 4 statement. |
Keywords
Form 4, SEC Filing, Insider Transaction, C. H. Robinson Worldwide, CHRW, Timothy C. Gokey, Director, Phantom Stock Units, Restricted Stock Units, Deferred Compensation
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