Form 4: Paula Tolliver Reports Acquisition of C.H. Robinson Worldwide Stock Units

Director Paula Tolliver reports the acquisition of 396 restricted stock units in C.H. Robinson Worldwide, Inc. as part of a quarterly installment of an annual equity-based award.

Summary

• On September 30, 2024, Paula Tolliver, a director of C.H. Robinson Worldwide, Inc., acquired 396 restricted stock units.
• These units were granted at no cost as a quarterly installment of the annual equity-based award provided to non-employee directors.
• The restricted stock units are immediately vested and will be paid in shares of common stock following the director's termination of service, according to a previously chosen schedule.
• Following the transaction, Tolliver directly owns 13,593 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard equity compensation practices. It indicates alignment of director interests with shareholders.

Positives

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

Future Outlook

The restricted stock units will be paid out in shares of common stock following the director's termination of service, according to a previously chosen schedule.

Industry Context

This filing is a routine disclosure related to equity compensation for a director, which is a common practice in publicly traded companies to align the interests of directors with shareholders.

Stakeholder Impact

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates