CHRW (CHRW) HR chief reports tax-withholding disposition of 6,787 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C. H. Robinson Worldwide executive Angela K. Freeman reported a tax-related share disposition. On the transaction date, 6,787 shares of common stock were withheld by the company at a price of $176.01 per share to cover her tax withholding obligation upon vesting of restricted stock units.
After this tax-withholding disposition, Freeman’s holdings totaled 48,824 shares of company-related equity. This amount includes 37,742 shares of common stock issuable upon settlement of restricted stock units and deferred shares in her NQDC Plan account, and 11,082 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Freeman Angela K.
Role
CHRO and ESG Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,787 | $176.01 | $1.19M |
Holdings After Transaction:
Common Stock — 48,824 shares (Direct)
Footnotes (1)
- Consists of shares withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. Included in this amount are 37,742 shares of Issuer common stock issuable in settlement of an equal number of restricted stock units and deferred shares credited to the reporting person's NQDC Plan account and 11,082 shares held directly by the reporting person.
FAQ
What insider transaction did Angela K. Freeman report for CHRW?
Angela K. Freeman reported a tax-withholding disposition of 6,787 shares of C. H. Robinson Worldwide common stock. The shares were withheld by the company to satisfy her tax obligation upon vesting of restricted stock units at a price of $176.01 per share.
Was Angela K. Freeman’s CHRW transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 6,787 shares were withheld by the issuer to cover Freeman’s tax liability triggered by the vesting of restricted stock units, according to the filing footnote.
What role does Angela K. Freeman hold at C. H. Robinson Worldwide (CHRW)?
Angela K. Freeman serves as CHRO and ESG Officer at C. H. Robinson Worldwide. Her Form 4 filing reflects equity compensation activity related to this executive role, including restricted stock units and associated tax-withholding share dispositions upon vesting.
How were restricted stock units involved in Angela K. Freeman’s CHRW transaction?
The transaction stemmed from the vesting of restricted stock units. To satisfy the resulting tax withholding obligation, 6,787 shares of C. H. Robinson Worldwide common stock were withheld by the issuer, rather than sold on the open market, as described in the footnote.