C.H. Robinson director granted 992 RSUs
Goodburn Mark A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Goodburn Mark A. reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide director Mark A. Goodburn received 992 phantom stock units, reported as restricted stock units that will each be paid in one share of common stock. These units represent his annual equity-based award as a non-employee director.
The restricted stock units are immediately vested but will only be paid in shares of common stock after he leaves the board, according to a payout schedule he has already chosen. Following these updates, he holds 2,280 shares of common stock directly and 13,751 phantom stock units tied to common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 992 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each phantom share/restricted stock unit will be paid in one share of common stock.
- F2. Reflects restricted stock units granted as the annual equity-based award provided to each non-employee director.
- F3. The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person.
Key Figures
Key Terms
Phantom Stock (Restricted Stock Units) financial
restricted stock units financial
annual equity-based award financial
immediately vested financial
termination of service as a director financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did C. H. Robinson (CHRW) report for director Mark A. Goodburn on this Form 4?
How many restricted stock units did CHRW director Mark A. Goodburn receive?
When do Mark A. Goodburn’s CHRW restricted stock units become payable?
What is phantom stock in the context of CHRW’s director compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.