CH Robinson director receives 992 stock units
Feitzinger Edward G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Feitzinger Edward G. reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide director equity grant: Non-employee director Edward G. Feitzinger received a grant of 992 phantom stock/restricted stock units tied to C. H. Robinson common stock. These units were granted as part of the company’s annual equity-based award program for non-employee directors.
The restricted stock units are immediately vested but will be paid out in shares of common stock only after Feitzinger’s service as a director ends, following a payout schedule he previously selected. After this grant, he holds a total of 2,262 phantom stock/restricted stock units directly.
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
derivative financial
FAQ
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What did Edward G. Feitzinger report in this CHRW Form 4 filing?
How many restricted stock units does Edward G. Feitzinger hold after this CHRW grant?
What are the terms of the restricted stock units granted to the CHRW director?
Why did C. H. Robinson grant 992 RSUs to Edward G. Feitzinger?
When will Edward G. Feitzinger’s CHRW restricted stock units be paid out?
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