Director Michael H. McGarry gets 992 RSUs at C. H. Robinson (CHRW) in annual award
Rhea-AI Filing Summary
MCGARRY MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide director Michael H. McGarry reported updated holdings and a new equity award. A holding entry shows he directly owns 5 shares of common stock, reflecting shares that had been inadvertently omitted from prior filings. He also received 992 phantom stock restricted stock units as his annual equity-based award for non-employee directors. These units are immediately vested and each unit will be paid in one share of common stock, bringing his total phantom stock/restricted stock unit balance to 4,467 units. The units become payable in common stock after he leaves the board, according to a payout schedule he previously chose.
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 (4)
- F1. This reflects shares inadvertently omitted from the reporting person's prior filings.
- F2. Each phantom share/restricted stock unit will be paid in one share of common stock.
- F3. Reflects restricted stock units granted as the annual equity-based award provided to each non-employee director.
- F4. 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
annual equity-based award financial
non-employee director financial
restricted stock units financial
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