Castagnetto Michael D. 4

What Happened

• Michael D. Castagnetto, President of C. H. Robinson Worldwide (CHRW), had 3,009 shares withheld by the issuer to satisfy his tax withholding obligation upon vesting of restricted stock units. The shares were valued at $176.01 each for a total of about $529,614. This was a withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-17; Form filed: 2026-02-19 (filed timely).
• Price per share: $176.01; Shares withheld/disposed: 3,009; Total value ≈ $529,614.
• Reported beneficial ownership after the transaction: 32,479.388 shares — comprised of 23,815 shares issuable on settlement of RSUs/deferred NQDC plan credits and 8,664.388 shares held directly (per filing footnote).
• Footnote F1: shares were withheld by the issuer to satisfy the reporting person's tax withholding obligation upon RSU vesting.
• Transaction type: tax-withholding on RSU vesting (routine, not a directional market trade).

Context

• This is a routine tax-withholding event tied to equity compensation vesting and does not necessarily indicate insider sentiment about the stock. It differs from an open-market sale or purchase because the company retained shares to cover taxes rather than the insider executing a market transaction.