Form 4: Director Timothy Gokey Increases CHRW Equity Stake
Statement of Changes in Beneficial Ownership
C.H. Robinson Worldwide director Timothy C. Gokey acquired 193 restricted stock units through a deferred compensation election.
Summary
- Director Timothy C. Gokey acquired 193 phantom stock units (restricted stock units) on March 31, 2026.
- The acquisition was made in connection with the director's election to defer receipt of his quarterly cash retainer payment.
- The units are immediately vested and will be paid out in common stock upon the director's termination of service.
- Following this transaction, the director holds a total of 25,817 shares of common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral, routine governance filing that indicates positive alignment between the director and the company.
Positives
- Demonstrates alignment of interest between the director and shareholders through equity-based compensation.
- Reflects confidence in the company's long-term value by opting for stock-based compensation over cash.
Future Outlook
The filing does not provide forward-looking guidance regarding company operations, focusing solely on director compensation.
Industry Context
StockSavvy.ai notes that director participation in deferred compensation plans via equity is a standard corporate governance practice, signaling internal confidence in the company's stock performance.
Comparison to Industry Standards
- The use of phantom stock units for director compensation is consistent with standard practices among S&P 500 companies to ensure board members maintain a vested interest in long-term shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Director elected to defer cash retainer into restricted stock units. | 03/31/2026 | Increases director's equity stake, aligning interests with shareholders. |
Stakeholder Impact
- Shareholders benefit from increased alignment between board members and company performance.
Next Steps
- The restricted stock units will be converted to common stock upon the director's termination of service.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of the transaction involving the acquisition of restricted stock units. |
| 04/02/2026 | Date the Form 4 was filed with the SEC. |
Keywords
C.H. Robinson, CHRW, Insider Trading, Director Compensation, Form 4, Equity Ownership
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