CH Robinson director granted 193 stock units
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 director Timothy C. Gokey received 193 phantom stock restricted stock units. These units were granted in connection with his election to defer his most recent quarterly cash retainer payment.
Each phantom share or restricted stock unit will be paid in one share of common stock. The units are immediately vested and, after his termination of service as a director, will be paid in common stock according to a schedule he previously chose. Following this grant, his directly held restricted stock unit balance increased to 25,817 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 193 | $166.07 | $32K |
Footnotes (3)
- F1. Each phantom share/restricted stock unit will be paid in one share of common stock.
- F2. Reflects restricted stock units granted in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment.
- 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 (Restricted Stock Units) financial
restricted stock units financial
cash retainer payment financial
termination of service as a director financial
FAQ
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What insider transaction did CHRW director Timothy C. Gokey report?
How many CHRW restricted stock units does Timothy C. Gokey hold after this grant?
What is the nature of the CHRW phantom stock units granted to Timothy C. Gokey?
Why did Timothy C. Gokey receive phantom stock units instead of cash from CHRW?
When do Timothy C. Gokey’s CHRW restricted stock units become payable?
AI-generated analysis. How Rhea-AI works. Not financial advice.