Mary Guilfoile of C. H. Robinson (NASDAQ: CHRW) receives 992 RSUs as annual award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GUILFOILE MARY reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide director Mary Guilfoile reported updated holdings, including a new equity award. She received a grant of 992 phantom stock units/restricted stock units as her annual equity-based award for non-employee directors. Each unit represents one share of common stock and is immediately vested.
The restricted stock units will be paid out in shares of common stock after she leaves the board, according to a payout schedule she previously chose. Following these transactions, she holds 3,098 shares of common stock directly and 22,552 phantom stock/restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GUILFOILE MARY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 992 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock (Restricted Stock Units) — 22,552 shares (Direct, null);
Common Stock — 3,098 shares (Direct, null)
Footnotes (1)
- Each phantom share/restricted stock unit will be paid in one share of common stock. Reflects restricted stock units granted as the annual equity-based award provided to each non-employee director. 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
New RSU grant: 992 units
Common stock held: 3,098 shares
Total RSU/phantom units held: 22,552 units
+1 more
4 metrics
New RSU grant
992 units
Phantom stock/restricted stock units granted as annual equity award
Common stock held
3,098 shares
Direct common stock holdings after transactions
Total RSU/phantom units held
22,552 units
Phantom stock/restricted stock units following the grant
RSU settlement ratio
1 unit : 1 share
Each phantom share/restricted stock unit pays one common share
Key Terms
Phantom Stock (Restricted Stock Units), restricted stock units, annual equity-based award, phantom share
4 terms
Phantom Stock (Restricted Stock Units) financial
"security_title: "Phantom Stock (Restricted Stock Units)" for the derivative award"
restricted stock units financial
"Reflects restricted stock units granted as the annual equity-based award"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual equity-based award financial
"restricted stock units granted as the annual equity-based award provided to each non-employee director"
FAQ
What insider activity did CHRW director Mary Guilfoile report on this Form 4?
Mary Guilfoile reported receiving 992 phantom stock/restricted stock units as an annual equity-based award. These units are immediately vested and each will be settled in one share of C. H. Robinson common stock after her board service ends, under a pre-selected payout schedule.
How many phantom stock/restricted stock units does Mary Guilfoile hold in CHRW?
Following the grant, Mary Guilfoile holds 22,552 phantom stock/restricted stock units of C. H. Robinson. Each unit is tied to one share of common stock and will be paid in shares after her service as a director ends, based on her chosen payout schedule.
What are the terms of the 992 CHRW phantom stock/restricted stock units granted to Mary Guilfoile?
The 992 phantom stock/restricted stock units are immediately vested and constitute her annual equity-based award as a non-employee director. Each unit will be paid in one share of C. H. Robinson common stock after she leaves the board, following a pre-selected payment schedule.
Are the newly granted CHRW restricted stock units paid in cash or stock?
The newly granted restricted stock units are paid in stock, not cash. Each phantom share or restricted stock unit will be settled in one share of C. H. Robinson common stock after Mary Guilfoile’s service as a director ends, under her chosen payout timing.