C. H. Robinson (CHRW) director granted 193 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Gokey Timothy C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Restricted Stock Units) | 193 | $166.07 | $32K |
Holdings After Transaction:
Phantom Stock (Restricted Stock Units) — 25,817 shares (Direct)
Footnotes (1)
- Each phantom share/restricted stock unit will be paid in one share of common stock. Reflects restricted stock units granted in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment. 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
RSUs granted: 193 units
Reference price per unit: $166.07 per unit
RSU holdings after grant: 25,817 units
+1 more
4 metrics
RSUs granted
193 units
Phantom Stock (Restricted Stock Units) granted on March 31, 2026
Reference price per unit
$166.07 per unit
Transaction price per phantom stock unit
RSU holdings after grant
25,817 units
Total restricted stock units directly held following the transaction
Underlying common stock
193 shares
Each of the 193 phantom units corresponds to one common share
Key Terms
Phantom Stock (Restricted Stock Units), restricted stock units, phantom share, cash retainer payment, +1 more
5 terms
Phantom Stock (Restricted Stock Units) financial
"security_title: "Phantom Stock (Restricted Stock Units)""
restricted stock units financial
"Reflects restricted stock units granted in connection with the reporting person's election to defer receipt"
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.
cash retainer payment financial
"election to defer receipt of his most recent quarterly cash retainer payment."
termination of service as a director financial
"following the reporting person's termination of service as a director, become payable in shares"
FAQ
What insider transaction did CHRW director Timothy C. Gokey report?
Timothy C. Gokey reported receiving 193 phantom stock restricted stock units. The grant represents deferred compensation from his most recent quarterly cash retainer, increasing his directly held restricted stock unit balance to 25,817 units linked to C. H. Robinson common stock.
How many CHRW restricted stock units does Timothy C. Gokey hold after this grant?
After the grant, Timothy C. Gokey holds 25,817 restricted stock units. This total includes the 193 newly granted phantom stock units, all of which relate to C. H. Robinson common stock and are recorded as directly owned derivative securities.
What is the nature of the CHRW phantom stock units granted to Timothy C. Gokey?
The phantom stock units are restricted stock units that mirror C. H. Robinson common stock. Each phantom share or restricted stock unit will be settled in one share of common stock, providing equity-linked compensation instead of an equivalent cash retainer payment.
Why did Timothy C. Gokey receive phantom stock units instead of cash from CHRW?
He elected to defer receipt of his most recent quarterly cash retainer payment. In place of that cash, he was granted 193 restricted stock units, giving him equity-linked compensation that tracks C. H. Robinson common stock rather than immediate cash.
When do Timothy C. Gokey’s CHRW restricted stock units become payable?
The restricted stock units are immediately vested but paid only after he ceases serving as a director. Following his termination of service, they will be delivered in shares of common stock according to a payment schedule he previously selected.