HENRY WARD WINSHIP IV - 31 Mar 2023 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Role
Director
Signature
/s/ Jessica Ursel, Attorney-in-Fact for Henry W. Winship IV
Issuer symbol
CHRW
Transactions as of
31 Mar 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 17:21:44 UTC
Previous filing
06 Mar 2023
Next filing
15 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CHRW Common Stock 2,519 31 Mar 2023 Direct
holding CHRW Common Stock 266,943 31 Mar 2023 By Pacific Point Advisors LLC F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHRW Phantom Stock (Restricted Stock Units) Award +440 +29% 1,941 31 Mar 2023 Common Stock 440 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Winship is a Managing Partner of Pacific Point Advisors LLC ("Pacific Point"). Pacific Point beneficially owns 266,943 shares on behalf of a certain fund managed by it. Mr. Winship disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F2 Each phantom share/restricted stock unit will be paid in one share of common stock.
F3 The reporting person was granted 440 restricted stock units at no cost as a quarterly installment of the annual equity-based award provided to each non-employee director.
F4 The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person.