C.H. Robinson (CHRW) director defers retainer into 193 RSUs
Rhea-AI Filing Summary
Goodburn Mark A. reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide director Mark A. Goodburn reported equity-based compensation rather than open-market trading. He received 193 phantom stock restricted stock units in connection with his election to defer his most recent quarterly cash retainer payment, at a reference price of $188.34 per unit.
Each phantom share or restricted stock unit will be settled in one share of common stock. The units are immediately vested and will be paid out in common stock after he leaves the board, following a schedule he previously chose. After this grant, he holds 13,944 phantom stock units and 2,280 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 193 | $188.34 | $36K |
| holding | Common Stock | -- | -- | -- |
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 recently 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
defer receipt financial
immediately vested financial
termination of service as a director financial
FAQ
What did C.H. Robinson (CHRW) director Mark A. Goodburn report in this Form 4?
Is Mark A. Goodburn buying or selling C.H. Robinson (CHRW) stock in this filing?
How many phantom stock units does Mark A. Goodburn now hold in C.H. Robinson (CHRW)?
What are the terms of the new phantom stock units granted to the C.H. Robinson (CHRW) director?
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