MCGARRY MICHAEL H 4
Research Summary
AI-generated summary
C. H. Robinson (CHRW) Director Michael McGarry Receives 992-Share Award
What Happened
Michael H. McGarry, a director of C. H. Robinson Worldwide, Inc. (CHRW), was granted 992 restricted stock units (reported as a derivative award) on 2026-05-07. The award is reported at $0.00 (an equity grant, not a cash purchase or sale). According to the filing, each RSU will be paid in one share of common stock and the units are immediately vested.
Key Details
- Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-11).
- Grant: 992 RSUs (derivative award), reported price $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: These shares were inadvertently omitted from prior filings (correction/omission disclosure).
- F2: Each phantom share/RSU will be paid in one share of common stock.
- F3: The RSUs reflect the annual equity award for non-employee directors.
- F4: The RSUs are immediately vested; payout into shares occurs per the reporting person’s previously chosen schedule after termination of service.
- Transaction type code: A (award/grant); not a market purchase or sale.
Context
RSUs are equity awards that convert into company shares (or equivalent value) per the payout rules; because these units are immediately vested but payable according to a chosen schedule, they do not represent an open‑market purchase or sale signal. F1 indicates these units were omitted from prior reports and are being corrected in this filing. This is a routine director equity award rather than trading activity.