Tolliver Paula 4
Research Summary
AI-generated summary
C.H. Robinson (CHRW) Director Paula Tolliver Receives 992-Share Award
What Happened
Paula Tolliver, a member of the board of directors of C. H. Robinson Worldwide, Inc. (CHRW), received an award of 992 restricted stock units (phantom shares) on 2026-05-07. The units were reported as acquired at $0.00 (derivative award). Per the filing, each phantom share/RSU will be paid in one share of CHRW common stock.
Key Details
- Transaction date: 2026-05-07; Filing date (Form 4): 2026-05-11 (filed within required two business days).
- Award: 992 restricted stock units granted to a non-employee director as the annual equity-based award. Reported acquisition price: $0.00 (no cash paid).
- Vesting/payable: The RSUs are immediately vested. They will be paid in shares of common stock according to the payment schedule previously chosen by the reporting person following termination of director service.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — each RSU pays one common share; F2 — this is the annual equity grant for non-employee directors; F3 — immediate vesting, payout schedule applies after service ends.
Context
This is a standard, routine equity grant to a non-employee director rather than an open-market purchase or sale. Grants of RSUs to directors are common compensation and do not, by themselves, indicate an immediate buy or sell signal for the market. Because the RSUs are derivative awards payable in shares, their ultimate value will depend on CHRW’s stock price when they are converted to shares.