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

Director Paula Tolliver reports the acquisition of 427 restricted stock units of C.H. Robinson Worldwide, Inc. as part of her director compensation.

Summary

• Paula Tolliver, a director of C.H. Robinson Worldwide, Inc., filed a Form 4 on April 02, 2025.
• The form reports a transaction that occurred on March 31, 2025, where Tolliver acquired 427 restricted stock units (phantom stock).
• These units were granted at no cost as a quarterly installment of her annual equity-based award as a non-employee director.
• Each restricted stock unit will be paid in one share of common stock.
• The restricted stock units are immediately vested and will be payable 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 14,443 shares of C.H. Robinson Worldwide, Inc.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively as it aligns director and shareholder interests.

Positives

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

Future Outlook

The restricted stock units will be converted to common stock upon the director's termination of service, according to a pre-determined schedule.

Industry Context

Equity compensation for board members is a common practice to align their interests with shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Companies like JB Hunt and XPO Logistics also provide equity-based compensation to their directors.
• The specific amount and vesting schedule of equity awards vary based on company size, performance, and industry practices.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with theirs.

Key Dates

Keywords

Form 4, Director, Restricted Stock Units, Equity Compensation, C.H. Robinson Worldwide, Tolliver, CHRW, Beneficial Ownership