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

Director Paula Tolliver reports the acquisition of 574 restricted stock units of C.H. Robinson Worldwide, Inc.

Summary

• Paula Tolliver, a director of C.H. Robinson Worldwide, Inc., filed a Form 4 on April 2, 2024, reporting a transaction that occurred on March 31, 2024.
• Tolliver acquired 574 restricted stock units (phantom stock) at no cost as a quarterly installment of her annual equity-based award.
• These restricted stock units are immediately vested and will be paid in shares of common stock following her termination of service as a director, according to a previously chosen schedule.
• Following the reported transaction, Tolliver directly owns 12,701 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of restricted stock units indicates continued alignment of the director's interests with those of the company and its shareholders.
• The immediate vesting of the units provides Tolliver with immediate ownership rights.

Future Outlook

The restricted stock units will be converted into shares of common stock following the reporting person's termination of service as a director, according to a schedule previously chosen by the reporting person.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates