Bozeman David P 4
Research Summary
AI-generated summary
C.H. Robinson CEO David Bozeman Receives RSUs; 13,564 Shares Withheld
What Happened
David P. Bozeman, President & CEO and a director of C.H. Robinson Worldwide, was granted a total of 51,941 restricted stock units (RSUs) on 2026-02-04 — 20,740 time-based RSUs and 31,201 performance-based RSUs (the latter vested on 2026-02-04). To satisfy withholding for tax liabilities on the vested performance RSUs, 13,564 shares were withheld/disposed at $199.71 per share, totaling $2,708,866. The awards themselves were recorded at $0 acquisition price (standard for RSU grants).
Key Details
- Transaction date: February 4, 2026; Form 4 filed February 6, 2026.
- Grants: 20,740 RSUs (time-based) and 31,201 performance RSUs (vested). Both reported as acquisition code A at $0.00.
- Tax withholding: 13,564 shares withheld (disposition code F) at $199.71/share = $2,708,866.
- Shares owned after transaction: 189,377 total beneficially owned (75,792 RSUs + 113,585 shares held directly).
- Relevant footnotes: time-based RSUs vest ratably from 1/1/2026–12/31/2028; the 31,201 units were performance RSUs that vested on 2/4/2026; withholding was done by the issuer to cover tax obligations.
Context
This filing reflects equity compensation vesting and a routine tax-withholding disposition, not an open-market sale. Time-based RSUs will continue to vest over the stated three-year schedule; the performance RSUs that vested triggered the tax withholding. Such award grants are common for executives and do not by themselves indicate buy/sell sentiment.