CH Robinson director receives 992 RSUs in equity grant
MCGARRY MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did CHRW director Michael H. McGarry report on this Form 4?
How many restricted stock units did CHRW grant to director Michael H. McGarry?
What are Michael H. McGarry’s CHRW holdings after the reported transactions?
How do the CHRW phantom stock restricted stock units for Michael H. McGarry vest and pay out?
Is the equity award to CHRW director Michael H. McGarry part of a standard compensation program?
AI-generated analysis. How Rhea-AI works. Not financial advice.