C.H. Robinson (CHRW) Form 144 Filed for 266,732-Share Sale
Rhea-AI Filing Summary
Form 144 notice for C.H. Robinson Worldwide, Inc. (CHRW) reports a proposed open‑market sale of 266,732 common shares on 08/27/2025 through Charles Schwab. The filing shows an aggregate market value of $34,080,348 and 118,091,162 shares outstanding, indicating the sale is a small fraction of total shares. The shares being offered were acquired in two open‑market purchases on 02/23/2022 (116,100 shares) and 02/24/2022 (150,632 shares), with broker checks used for payment. The filer states there were no securities sold in the past three months for the account and attests not to possessing undisclosed material adverse information.
Positive
- Timely, detailed disclosure of sale quantity, broker, acquisition dates, payment method, and proposed sale date
- No reported sales in the prior three months for the account, reducing concerns about accelerated disposals
Negative
- None.
Insights
TL;DR: Routine Form 144 filing; size is immaterial relative to outstanding shares and appears compliant.
The notice documents a proposed brokered sale of 266,732 CHRW common shares with an aggregate market value of $34.08M scheduled for 08/27/2025. Given 118.09M shares outstanding, the proposed sale equals roughly 0.23% of the float, which is unlikely to be market moving. Acquisition dates in February 2022 and use of broker checks are disclosed. Absence of sales in the prior three months reduces near‑term dilution concerns. This is a compliance disclosure rather than a material corporate event.
TL;DR: Disclosure aligns with Rule 144 requirements; no governance red flags in the notice itself.
The filer affirms no undisclosed material adverse information and provides standard acquisition and payment details. The sale will be executed through a named broker on Nasdaq. The filing contains the required representations and shows no clustered or prior three‑month sales for the account, suggesting orderly disposal under Rule 144 rather than unusual insider activity.