CH Robinson director granted 219 deferred stock units
Goodburn Mark A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Goodburn Mark A. reported acquisition or exercise transactions in this Form 4 filing.
C. H. Robinson Worldwide, Inc. director Mark A. Goodburn received a grant of 219 phantom/restricted stock units on common stock. These units were granted in connection with his election to defer receipt of his most recent quarterly cash retainer payment.
Each phantom/restricted stock unit is immediately vested and will be paid out in one share of common stock after his termination of service as a director, according to a schedule he previously chose. Following this grant, he holds 12,759 restricted 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) | 219 | $166.07 | $36K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each phantom/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
defer receipt financial
quarterly cash retainer financial
termination of service as a director financial
FAQ
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What insider transaction did CHRW director Mark A. Goodburn report?
How will Mark Goodburn’s CHRW phantom stock units be settled?
Why did Mark Goodburn receive restricted stock units instead of cash from CHRW?
When do Mark Goodburn’s CHRW restricted stock units vest and pay out?
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