C.H. Robinson Reports Material Agreements & Officer Changes
Ticker: CHRW · Form: 8-K · Filed: 2025-08-12T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, financial-obligation, officer-changes
Related Tickers: CHRW
TL;DR
CHRW filed an 8-K: material agreement, financial obligation, exec changes, and exhibits. Big stuff happening.
AI Summary
On August 12, 2025, C.H. Robinson Worldwide, Inc. filed an 8-K report detailing several key events. These include entering into a material definitive agreement, creating a direct financial obligation, and reporting changes in directors and officers, along with compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
This filing signals significant corporate actions, including new financial commitments and potential leadership transitions, which could impact the company's strategic direction and operational stability.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and financial obligations, which inherently carry financial and operational risks, alongside changes in leadership that can introduce uncertainty.
Key Players & Entities
- C. H. ROBINSON WORLDWIDE, INC. (company) — Registrant
- August 12, 2025 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
FAQ
What is the nature of the material definitive agreement entered into by C.H. Robinson Worldwide, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What type of direct financial obligation was created by the registrant?
The filing states the creation of a direct financial obligation, but the specific terms and amount are not detailed in the provided text.
What specific changes occurred regarding directors or officers?
The filing reports on the departure of directors or certain officers, the election of directors, and the appointment of certain officers, as well as compensatory arrangements, but specific names are not listed in the provided text.
What is the Commission File Number for C.H. Robinson Worldwide, Inc.?
The Commission File Number for C.H. Robinson Worldwide, Inc. is 000-23189.
When was C.H. Robinson Worldwide, Inc. incorporated?
C.H. Robinson Worldwide, Inc. was incorporated in Delaware.
Filing Stats: 732 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2025-08-12 16:16:07
Key Financial Figures
- $0.10 — ange on which registered Common Stock, $0.10 par value CHRW Nasdaq Global Select Mar
- $500 million — under the Facility remains unchanged at $500 million. The foregoing description of the RPA
Filing Documents
- chrw-20250812.htm (8-K) — 29KB
- bofa-chrobinsonxamendmen.htm (EX-10.1) — 40KB
- bofa-chrobinsonxamendmen001.jpg (GRAPHIC) — 194KB
- bofa-chrobinsonxamendmen002.jpg (GRAPHIC) — 244KB
- bofa-chrobinsonxamendmen003.jpg (GRAPHIC) — 234KB
- bofa-chrobinsonxamendmen004.jpg (GRAPHIC) — 294KB
- bofa-chrobinsonxamendmen005.jpg (GRAPHIC) — 72KB
- bofa-chrobinsonxamendmen006.jpg (GRAPHIC) — 60KB
- bofa-chrobinsonxamendmen007.jpg (GRAPHIC) — 59KB
- bofa-chrobinsonxamendmen008.jpg (GRAPHIC) — 49KB
- bofa-chrobinsonxamendmen009.jpg (GRAPHIC) — 31KB
- bofa-chrobinsonxamendmen010.jpg (GRAPHIC) — 71KB
- bofa-chrobinsonxamendmen011.jpg (GRAPHIC) — 272KB
- bofa-chrobinsonxamendmen012.jpg (GRAPHIC) — 277KB
- bofa-chrobinsonxamendmen013.jpg (GRAPHIC) — 196KB
- bofa-chrobinsonxamendmen014.jpg (GRAPHIC) — 182KB
- bofa-chrobinsonxamendmen015.jpg (GRAPHIC) — 213KB
- bofa-chrobinsonxamendmen016.jpg (GRAPHIC) — 205KB
- bofa-chrobinsonxamendmen017.jpg (GRAPHIC) — 182KB
- chrw-20250812_g1.jpg (GRAPHIC) — 103KB
- 0001043277-25-000044.txt ( ) — 4348KB
- chrw-20250812.xsd (EX-101.SCH) — 2KB
- chrw-20250812_lab.xml (EX-101.LAB) — 21KB
- chrw-20250812_pre.xml (EX-101.PRE) — 12KB
- chrw-20250812_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 12, 2025, C.H. Robinson Worldwide, Inc. (the "Company") entered into an amendment (the "RPA Amendment") to its existing Receivables Purchase Agreement dated as of November 19, 2021, as amended February 1, 2022, July 7, 2022, November 7, 2023 and October 14, 2024 (the "RPA"), among the Company, as initial master servicer and performance guarantor, C.H. Robinson Receivables, LLC, a wholly-owned subsidiary of the Company and bankruptcy-remote entity ("CHRR"), as seller, Bank of America, N.A. ("BoA") and Wells Fargo Bank, National Association ("Wells Fargo"), as committed purchasers, BofA and Wells Fargo, as purchaser agents, and BofA, as administrative agent, which provides a receivables securitization facility (the "Facility"). The RPA Amendment primarily extends the termination date of the facility to August 12, 2027. The committed funding available to CHRR under the Facility remains unchanged at $500 million. The foregoing description of the RPA Amendment is qualified in its entirety by reference to the full text of the RPA Amendment filed as Exhibit 10.1 hereto.
03 Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement
Item 2.03 Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement. The disclosure set forth in Item 1.01 above is incorporated by reference into this Item 2.03. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed in a Form 8-K filed on August 7, 2025 (the "Prior 8-K"), Edward G. Feitzinger was elected to the Company's board of directors, effective that day. Mr. Feitzinger will receive the compensation the Company provides to its non-employee directors as described under "Compensation of Directors" in the Company's definitive proxy statement for its 2025 annual meeting of shareholders, which was filed on March 25, 2025. The Board of Directors has not yet determined any committee appointments for Mr. Feitzinger. The information disclosed under this Item 5.02 supplements the information disclosed in the Prior 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Number Description 10.1 Fifth Amendment to the Receivables Purchase Agreement, dated August 12, 2025 by and among C.H. Robinson Worldwide, Inc., C.H. Robinson Receivables, LLC, and the various conduit purchasers, committed purchasers and purchaser agents, and administrative agent. 104 The cover page from the Current Report on Form 8-K formatted in Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 12, 2025 C.H. ROBINSON WORLDWIDE, INC. By: /s/ Dorothy G. Capers Dorothy G. Capers Chief Legal Officer and Secretary