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CHRWC.H. Robinson · Insider ownership research

C.H. Robinson insiders sold $18.9M in the past 12 months. How much of their stake is that?

About 1.8% overall. As a group they ended with more shares than they started with.

Updated Oct 9, 2026 from SEC filings · covers Oct 10, 2025 to Oct 9, 2026
How this comparesMore of their stake sold than at 141 of the 416 other companies we can measure (#276 of 417)See ranking
4
buyers among officers and directors (4 trades), past 12 months
15%
of sales were under disclosed trading plans, past 12 months
4 of 17
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 10, 2026 to Oct 9, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Jul 8, 2026Damon Lee had 4.7K shares ($897K) withheld by the company for taxes (not a market sale). That is 11% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Damon Lee
Chief Financial Officer
4,698$190.9511%37KJul 8, 2026Jul 10, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? In line with the past 5 years. 4 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Jul 10 for a tax withholding on Jul 8. Damon Lee had 4.7K shares withheld by the company for taxes. Filing
50 SEC ownership filings in the period · See the evidence

What stands out

Four officers bought shares: David Bozeman (1.2K shares, $200K), Arun Rajan (605 shares, $101K) and Damon Lee (620 shares, $101K), plus 1 more. These are the first by current officers or directors since Nov 14, 2023.David Bozeman: purchase, Feb 12, 2026 · Arun Rajan: purchase, Feb 12, 2026 · Damon Lee: purchase, Feb 12, 2026
Two officers sold $16.1M with no disclosed plan: Angela Freeman ($9.2M) and Michael Castagnetto ($6.9M). The filings don't state a reason.Angela Freeman: largest such sale, Nov 6, 2025 · Michael Castagnetto: largest such sale, Nov 3, 2025
Arun Rajan sold 2.5K shares (1.9% of starting holdings), but 28K more vested, so the stake grew (from 131K to 133K).Largest sale, Nov 17, 2025

Percentages cover 9 of 17 officers and directors. 8 are left out

i
Left out: Angela Freeman (most of their shares vested during the period, so a percentage would mislead); Michael Castagnetto and Michael McGarry (holdings couldn't be fully reconciled); Jodee Kozlak, Timothy Gokey, Paula Tolliver, Paige Robbins and Edward Feitzinger (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

SoldRest of starting stakeAdded during the period
Angela Freeman
CHRO and ESG Officer
Sold $9.2M (plan status beside the amount). That is 54% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$9.2MNo plan disclosed
Michael Castagnetto
Pres, NAST
Sold $7.4M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why
$7.4M7% planned 93% no plan disclosed
Michael Short
President, Global Forwarding
17% · $1.9MDisclosed plan
Arun Rajan
Chief Strat & Innov Officer
Sold 1.9%, but 605 shares were added (mostly vesting), so the stake grew
1.9% · $382KDisclosed plan
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $382K under a disclosed planNov 2025: $14.3M no plan disclosed$14.7MNovDec 2025: $387K under a disclosed planDecJan 2026: $215K under a disclosed planJanFeb 2026: $1.8M under a disclosed planFeb 2026: $1.7M no plan disclosedFebMarAprMayJunJulAugSepOct

Common questions

Is the C.H. Robinson CEO selling stock?

No. David Bozeman reported no open-market sales in the past 12 months.

Why are C.H. Robinson insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 15% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 85% had no disclosed plan. A trading plan schedules sales in advance.

Are any C.H. Robinson insiders buying?

Yes. 4 officers or directors reported 4 purchases in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did C.H. Robinson insiders sell?

About 1.8% overall. As a group they ended with more shares than they started with. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold4 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Angela Freeman
CHRO and ESG Officer
$9.2M
58K shares
54%†
i
† Most of the shares Angela Freeman sold arrived during the period, so this is shares sold as a share of the 66K held at the start plus the 56K received, less 15K withheld by the company for taxes.
No plan disclosed
Michael Castagnetto
Pres, NAST
$7.4M
48K shares
i
No percentage: holdings couldn't be fully reconciled.
7% under a disclosed plan 93% no plan disclosed
Michael Short
President, Global Forwarding
$1.9M
10K shares
17%Disclosed plan
Arun Rajan
Chief Strat & Innov Officer
$382K
2.5K shares
1.9%Disclosed plan
The full ownership picture15 of 17 insiders fully reconciled · 12 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 9, 2025SoldHeld Oct 9, 2026Still held
Henry Winship IV
Director
269K0269Kno sales
Vesting, gifts, unvested awards and holding lines for Henry Winship IV
0shares vested or exercised
0gifted (net of own trusts)
7.7K → 7.7Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,5192,519
Pacific Point Advisors LLCCommon Stock266,732266,732
David Bozeman
i
Minor difference of 159 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
President & CEO, Director
162K0179Kno sales
Vesting, gifts, unvested awards and holding lines for David Bozeman
0shares vested or exercised
0gifted (net of own trusts)
−36Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock162,121178,978

Reconciliation: minor difference of 159 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Arun Rajan
i
Includes unvested RSUs, amount not disclosed.
Chief Strat & Innov Officer
131K−2.5K133K+2.1%
Vesting, gifts, unvested awards and holding lines for Arun Rajan
0shares vested or exercised
0gifted (net of own trusts)
−23Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock130,591133,340
Angela Freeman
i
Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
CHRO and ESG Officer
66K−58K49Knot meaningful
Vesting, gifts, unvested awards and holding lines for Angela Freeman
+50Kshares vested or exercised
0gifted (net of own trusts)
−15Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock65,72848,824

Additional holdings last reported Dec 5, 2018, not confirmed since: 1,826 shares. Not included in any total or percentage on this page.

Michael Short
i
Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
President, Global Forwarding
60K−10K44K73%
Vesting, gifts, unvested awards and holding lines for Michael Short
0shares vested or exercised
0gifted (net of own trusts)
−14Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock60,40144,298

Additional holdings last reported Dec 5, 2018, not confirmed since: 283 shares. Not included in any total or percentage on this page.

Damon Lee
i
Minor difference of 70 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Chief Financial Officer
38K037Kno sales
Vesting, gifts, unvested awards and holding lines for Damon Lee
0shares vested or exercised
0gifted (net of own trusts)
−7.3Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock37,73736,736

Reconciliation: minor difference of 70 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Michael Castagnetto
!
Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: -540 shares on Nov 3, 2025 (Direct). See the filing Sales and other transactions for Michael Castagnetto are complete.
Pres, NAST
n/a−48Kn/an/a
Vesting, gifts, unvested awards and holding lines for Michael Castagnetto
+45Kshares vested or exercised
−658gifted (net of own trusts)
−5.4Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • New Form 3 filed 2024-02-07; earlier filings set aside.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: -540 shares on Nov 3, 2025 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock34,58632,479
Dorothy Capers
Chief Legal Officer
18K019Kno sales
Vesting, gifts, unvested awards and holding lines for Dorothy Capers
0shares vested or exercised
0gifted (net of own trusts)
−1.9Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock17,79519,360
Mary Guilfoile
Director
3.1K03.1Kno sales
Vesting, gifts, unvested awards and holding lines for Mary Guilfoile
0shares vested or exercised
0gifted (net of own trusts)
22K → 23Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock3,0983,098
Mark Goodburn
Director
2.3K02.3Kno sales
Vesting, gifts, unvested awards and holding lines for Mark Goodburn
0shares vested or exercised
0gifted (net of own trusts)
12K → 14Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,2802,280
Kermit Crawford
Director
1K01Kno sales
Vesting, gifts, unvested awards and holding lines for Kermit Crawford
0shares vested or exercised
0gifted (net of own trusts)
9.9K → 11Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock1,0001,000
Michael McGarry
!
Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +5 shares on May 7, 2026 (Direct). See the filing Sales and other transactions for Michael McGarry are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael McGarry
0shares vested or exercised
0gifted (net of own trusts)
3.5K → 4.5Kunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +5 shares on May 7, 2026 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock05

15 of 17 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (13 exactly, 2 with a minor or footnoted difference). For 2 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 9 of 17 officers and directors. Left out: Angela Freeman (most of their shares vested during the period, so a percentage would mislead); Michael Castagnetto and Michael McGarry (holdings couldn't be fully reconciled); Jodee Kozlak, Timothy Gokey, Paula Tolliver, Paige Robbins and Edward Feitzinger (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$18.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $18.9M across 119,066 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($16.1M), including tax-related sales outside a plan.

No plan disclosed · $16.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $9.2M of it is Angela Freeman. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Angela Freeman, Nov 6, 2025

Taxes

103,475 shares ($18.4M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 4 buyers (4 trades)

4 officers and directors bought shares in this period, in 4 trades(Form 4 code P). Across all their filings on record there are 6 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Angela Freeman
CHRO and ESG Officer
58K$9.2M0%49%Nov 6, 2025 to Feb 9, 2026
Michael Castagnetto
Pres, NAST
48K$7.4M7%39%Nov 3, 2025 to Feb 2, 2026
Michael Short
President, Global Forwarding
10K$1.9M100%10%Dec 31, 2025 to Feb 9, 2026
Arun Rajan
Chief Strat & Innov Officer
2.5K$382K100%2%Nov 17, 2025 to Nov 17, 2025

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$14.7M$382K$0$14.3M
Dec 2025$387K$387K$0$0
Jan 2026$215K$215K$0$0
Feb 2026$3.6M$1.8M$0$1.7M
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 4 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 9, 2026
Latest 12 months
119K4$18.9M
Oct 9, 2025
1 year earlier
84K5$9.0M
Oct 9, 2024
2 years earlier
22K4$2.2M
Oct 10, 2023
3 years earlier
35K4$3.5M
Oct 10, 2022
4 years earlier
285K9$31.1M
Oct 10, 2021
5 years earlier
76K7$7.4M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty2 insiders whose holdings couldn't be fully reconciled

Michael Castagnetto: holdings couldn't be fully reconciled (difference of -540 shares). Balance changed without a matching transaction, and the footnote does not state the amount: -540 shares on Nov 3, 2025 (Direct). Filing, Nov 3, 2025

Footnote: "Includes 497 shares acquired pursuant to the Issuer's employee stock purchase plan. | Following a reconciliation of the reporting person's ownership records, the balance reflects the corrected number of shares held following the transaction reported in this Form 4."

Michael McGarry: holdings couldn't be fully reconciled (difference of 5 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +5 shares on May 7, 2026 (Direct). Filing, May 7, 2026

Footnote: "This reflects shares inadvertently omitted from the reporting person's prior filings."

David Bozeman: minor difference of 159 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Damon Lee: minor difference of 70 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Familing Partnership" is treated as the same holder as "Family Limited Partnership", because the old name was never reported again and the new one opened with the same balance (112,000 shares). Old name, new name

Inferred rename: "Pacific Point Wealth Management LLC" is treated as the same holder as "Pacific Point Advisors LLC", because the old name was never reported again and the new one opened with the same balance (266,943 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,561 filings from SEC EDGAR, and how we read them

All 1,561 Forms 3, 4 and 5 filed for C.H. Robinson (SEC CIK 1043277) from Jul 1, 2003 to Oct 1, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 2-for-1 stock split on or before Oct 28, 2005 (first filing that shows post-split balances). Splits aren't reported as transactions; 31 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (47)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Henry MaierApr 2, 20251,922 shares, last reported balance as of Mar 31, 2025
James BarberApr 2, 2025No balance on record
Ben CampbellJan 3, 2025131,833 shares, last reported balance as of Dec 31, 2024
James StakeApr 2, 2024400 shares, last reported balance as of Mar 31, 2024
Scott AndersonApr 2, 202427,305 shares, last reported balance as of Mar 31, 2024
Michael ZechmeisterFeb 12, 202464,473 shares, last reported balance as of Feb 8, 2024
Mac PinkertonMay 3, 202387,001 shares, last reported balance as of May 1, 2023
Chris ObrienFeb 10, 2023195,729 shares, last reported balance as of Feb 8, 2023
Jordan KassFeb 10, 202365,288 shares, last reported balance as of Feb 8, 2023
Michael NeillFeb 10, 202347,585 shares, last reported balance as of Feb 8, 2023
Brian ShortJul 5, 202221,951 shares, last reported balance as of Jun 30, 2022
Wayne FortunJul 5, 202224,658 shares, last reported balance as of Jun 30, 2022
Robert Biesterfeld Jr.Jun 16, 2022182,057 shares, last reported balance as of Jun 14, 2022
Jeroen EijsinkFeb 11, 202221,790 shares, last reported balance as of Feb 9, 2022
John WiehoffApr 16, 20201,329,045 shares, last reported balance as of Apr 14, 2020
John WiehoffApr 16, 2020No balance on record
Scott HagenApr 11, 201922,454 shares, last reported balance as of Apr 1, 2019
James LemkeFeb 6, 2019321,241 shares, last reported balance as of Feb 6, 2019
Andrew ClarkeJan 31, 201918,768 shares, last reported balance as of Jan 29, 2019
Robert EzrilovOct 2, 2018106,857 shares, last reported balance as of Sep 28, 2018
Robert EzrilovOct 2, 20183,000 shares, last reported balance as of Nov 2, 2010
Chad LindbloomMar 1, 2018288,786 shares, last reported balance as of Feb 27, 2018
ReBecca RoloffJul 5, 2016No balance on record
David MacLennanApr 2, 20151,600 shares, last reported balance as of Mar 31, 2015
Scott SatterleeFeb 23, 2015249,687 shares, last reported balance as of Feb 9, 2015
Bryan FoeFeb 6, 201586,265 shares, last reported balance as of Feb 4, 2015
Stephane RambaudFeb 6, 2015120,296 shares, last reported balance as of Feb 4, 2015
Tom MahlkeJul 17, 201450,200 shares, last reported balance as of Jul 16, 2014
Mark WalkerFeb 14, 2014407,739 shares, last reported balance as of Sep 2, 2013
Michael WickhamApr 2, 2013294 shares, last reported balance as of Mar 29, 2013
James ButtsNov 29, 2012416,857 shares, last reported balance as of Nov 28, 2012
Steven PolacekJan 4, 2011673 shares, last reported balance as of Dec 31, 2010
Gerald SchwalbachApr 2, 20098,878 shares, last reported balance as of Mar 31, 2009
Kenneth KeiserJan 5, 20093,390 shares, last reported balance as of Dec 31, 2008
Linda FeussNov 25, 200866,157 shares, last reported balance as of Nov 24, 2008
VERDOORN D RFeb 21, 20068,438,480 shares, last reported balance as of Feb 16, 2006
Timothy ManningFeb 16, 2006166,627 shares, last reported balance as of Feb 15, 2006
Laura GillundFeb 16, 200671,651 shares, last reported balance as of Feb 15, 2006
Troy RennerDec 9, 200563,034 shares, last reported balance as of Dec 7, 2005
James LarsenDec 9, 200555,482 shares, last reported balance as of Dec 7, 2005
Paul RadunzDec 9, 200561,658 shares, last reported balance as of Dec 7, 2005
Steve WeibyDec 9, 200580,446 shares, last reported balance as of Dec 7, 2005
Molly DuboisDec 9, 200558,744 shares, last reported balance as of Dec 7, 2005
Joseph MulvehillMay 10, 2005814,792 shares, last reported balance as of May 6, 2005
Barry ButzowFeb 20, 20042,159,538 shares, last reported balance as of Feb 20, 2004
Michael RempeNov 20, 2003170,332 shares, last reported balance as of Nov 18, 2003
Owen GleasonOct 17, 20031,492,776 shares, last reported balance as of Oct 1, 2003

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.