Short Michael John 4
Research Summary
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C.H. Robinson (CHRW) President Michael Short Sells Shares
What Happened Michael John Short, President, Global Forwarding at C.H. Robinson (CHRW), disposed of a total of 10,155 shares on Feb 9, 2026. He sold 6,368 shares in an open-market sale at $201.30 per share for about $1,281,878, and 3,787 shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units at $200.59 per share (value ~$759,634). Total proceeds/value involved across both actions were approximately $2.04 million. Both actions are reported as disposals (sale and tax withholding), not purchases.
Key Details
- Transaction dates: Feb 9, 2026; Form 4 filed Feb 11, 2026 (appears timely).
- Open-market sale: 6,368 shares @ $201.30 = $1,281,878 (code S).
- Tax withholding disposal: 3,787 shares @ $200.59 = $759,634 (code F; shares withheld to cover taxes on RSU vesting).
- Total shares disposed: 10,155; combined value ≈ $2,041,512.
- Shares owned / beneficial ownership: filing notes included in reported ownership are 51,986 shares issuable on settlement of RSUs and deferred shares plus 115 shares held directly by the reporting person (see footnote F3); consult the full Form 4 for the exact post-transaction beneficial ownership total.
- Notable footnotes: F1 = shares withheld to satisfy tax withholding on vested RSUs; F2 = sale was under a 10b5-1 trading plan adopted 08-19-2025; F3 = breakdown of reported ownership components.
- Transaction codes: S = open-market sale; F = shares withheld for tax withholding. No option exercise reported.
Context The 3,787-share entry was a tax-withholding event tied to RSU vesting (a common administrative disposal), while the 6,368-share sale appears to have been executed under a pre-arranged 10b5-1 plan (adopted Aug 19, 2025), which typically schedules trades to avoid timing concerns. These are disposals, not purchases; such sales can be routine (tax or diversification) and do not by themselves indicate insider sentiment about the company.