Castagnetto Michael D. 4

What Happened
Michael D. Castagnetto, President of C. H. Robinson Worldwide (CHRW), sold 2,849 shares in an open-market transaction on February 2, 2026 at $194.20 per share, generating proceeds of $553,276. The sale was reported on a Form 4 filed February 4, 2026. This was a sale (not a purchase); sales can be routine or prearranged and do not by themselves indicate insider sentiment.

Key Details

• Transaction date and price: Feb 2, 2026 — 2,849 shares sold at $194.20 each (total $553,276).
• Shares owned after transaction: 28,149 shares total (25,407 issuable upon settlement of restricted stock units/deferred shares credited to the reporting person's NQDC plan account, plus 2,742 shares held directly).
• Plan/footnotes: Sale executed under a 10b5-1 trading plan adopted on Nov 3, 2025 (per filing footnote).
• Filing timeliness: Form 4 filed Feb 4, 2026 — within the standard two-business-day reporting window (timely).

Context
The transaction was executed under a Section 10b5-1 trading plan, which typically means the sale was prearranged and not necessarily a reaction to recent company developments. The insider still holds the shares listed above; because this is a sale (not a purchase or award), it provides limited insight into the insider’s view of the company’s future.