CH Robinson (NASDAQ: CHRW) president receives 6,745 stock-based awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C.H. Robinson Worldwide president Michael D. Castagnetto reported equity awards in company stock. On February 4, 2026, he acquired 4,940 shares of common stock as restricted stock units at $0 per share, vesting ratably from January 1, 2026 through December 31, 2028.
On the same date, he acquired an additional 1,805 shares through performance-based restricted stock units that vested and were credited to his NQDC Plan, to be settled 1-for-1 in common stock. Following these transactions, he beneficially owned 34,894 shares directly, including 32,152 shares issuable from restricted stock units and deferred shares and 2,742 shares held as common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Castagnetto Michael D.
Role
Pres, NAST
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,940 | $0.00 | -- |
| Grant/Award | Common Stock | 1,805 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,089 shares (Direct)
Footnotes (1)
- Restricted stock units vest ratably over a three year period between January 1, 2026 and December 31, 2028. Represents performance-based restricted stock units that vested on February 4, 2026, have been credited to the reporting person's account in the Issuer's NQDC Plan and will be settled on a 1 for 1 basis in shares of the Issuer's common stock. Included in this amount are 32,152 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 2,742 shares held directly by the reporting person.
FAQ
What insider transaction did CHRW executive Michael D. Castagnetto report?
Michael D. Castagnetto reported acquiring company equity awards rather than selling shares. He received restricted stock units and performance-based units that convert into common stock, increasing his beneficial ownership in C.H. Robinson Worldwide without any cash purchase price.
What are the vesting terms of Michael D. Castagnetto’s new CHRW restricted stock units?
The 4,940 restricted stock units vest ratably over three years between January 1, 2026 and December 31, 2028. This means portions of the award become earned over time, aligning his compensation with longer-term C.H. Robinson Worldwide performance.
How are Michael D. Castagnetto’s performance-based CHRW units settled?
The 1,805 performance-based restricted stock units that vested on February 4, 2026 were credited to his NQDC Plan. They will be settled on a one-for-one basis in shares of C.H. Robinson Worldwide common stock, directly linking payout to the company’s equity.
What is Michael D. Castagnetto’s total CHRW beneficial ownership after these awards?
After the reported transactions, he beneficially owned 34,894 shares of C.H. Robinson Worldwide common stock. This includes 32,152 shares issuable from restricted stock units and deferred shares, plus 2,742 shares held directly as common stock in his name.