C.H. Robinson (CHRW) CFO logs 4,698-share tax withholding tied to RSU vesting
Rhea-AI Filing Summary
C. H. Robinson Worldwide, Inc. Chief Financial Officer Damon J. Lee reported a Form 4 entry for a compensation-related share disposition. On the vesting of restricted stock units, 4,698 shares of common stock were withheld by the issuer to cover his tax withholding obligation at $190.95 per share. After this tax-withholding disposition, he beneficially owns 36,736 shares, including 23,320 restricted stock units, 13,346 shares held directly, and 70 shares acquired through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insights
CFO filing reflects routine tax withholding on equity vesting.
The filing shows Damon J. Lee, Chief Financial Officer of C. H. Robinson Worldwide, Inc., had 4,698 shares of common stock withheld to satisfy his tax withholding obligation upon vesting of restricted stock units. This is coded as an F transaction, which indicates payment of tax liability by delivering securities, not an open-market sale.
Following the transaction, Lee holds 36,736 shares, consisting of 23,320 restricted stock units and 13,346 directly held shares, plus 70 shares from the employee stock purchase plan. This pattern is typical of equity compensation vesting and does not signal discretionary buying or selling activity in the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,698 | $190.95 | $897K |
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 23,320 shares of restricted stock units, and 13,346 shares held directly by the reporting person. Includes 70 shares acquired pursuant to the issuer's employee stock purchase plan.