CH Robinson director awarded 992 RSUs
Gokey Timothy C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gokey Timothy C reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide, Inc. director Timothy C. Gokey received a grant of 992 phantom stock units, structured as restricted stock units tied to common stock. Each unit represents one share of common stock, bringing his directly held phantom stock and RSU balance to 26,809 units after the award.
The grant is described as the annual equity-based award for each non-employee director. These restricted stock units are immediately vested, but will be paid out in shares of common stock only after Gokey’s service as a director ends, following a payment schedule he previously selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 992 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each phantom share/restricted stock unit will be paid in one share of common stock.
- F2. Reflects restricted stock units granted as the annual equity-based award provided to each non-employee director.
- F3. 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 financial
Restricted Stock Units financial
annual equity-based award financial
immediately vested financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Timothy C. Gokey receive in this CHRW Form 4 filing?
How many restricted stock and phantom units does Timothy Gokey hold after this CHRW grant?
What does each phantom stock or restricted stock unit represent for CHRW director Timothy Gokey?
When do Timothy Gokey’s CHRW restricted stock units become payable?
Is this CHRW equity grant to Timothy Gokey part of a regular program?
Does Timothy Gokey pay a purchase price for these CHRW restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.