C. H. ROBINSON WORLDWIDE, INC., DEF 14A filed on 3/24/2026
Proxy Statement (definitive)
v3.26.1
Cover
12 Months Ended
Dec. 31, 2025
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name C.H. Robinson Worldwide, Inc.
Entity Central Index Key 0001043277
v3.26.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2026
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table  
Year
Summary
Compensation
Table Total for
Current
CEO
($)(1)
Compensation
Actually Paid
to Current
CEO
($)(2)
Summary
Compensation
Table Total
for Former
CEO
($)(1)
Summary
Compensation
Actually Paid
to Former
CEO
($)
Average
Summary
Compensation
Table Total
for Non-CEO
NEOs
($)(1)
Average
Compensation
Actually Paid
 to Non-CEO
NEOs
($)(1)(2)(3)
Value of Initial Fixed
$100 Investment (4)
based on:
Net
Income
($ in 000’s)
Adjusted
Operating
Margin
(6)
Total
Shareholder
Return
($)
Peer Group
Total
Shareholder
Return
($)(5)
202511,045,949 25,032,037 N/AN/A4,581,269 8,130,009 192.75 138.77 587,081 29.1%
20248,777,208 14,851,421 N/AN/A3,766,773 4,510,333 149.17 133.76 465,690 24.2%
202327,966,653 26,532,662 2,796,530 
(7)
2,684,241 5,528,381 4,028,868 121.38 130.87 325,129 19.8%
2022N/AN/A10,529,870 
(8)
9,724,702 3,425,442 3,231,790 125.27 97.55 940,524 35.3%
2021N/AN/A10,233,276 13,016,105 3,328,925 4,066,077 144.14 120.41 844,245 34.3%
       
Company Selected Measure Name   adjusted operating margin.(7)For 2023, our Former CEO was Scott Anderson.(8)For 2021 and 2022, our Former CEO was Robert C. Biesterfeld Jr        
Named Executive Officers, Footnote   Amounts reported in the compensation columns above reflect the following individuals:
Year
CEO
Non-CEO NEOs
2025David P. Bozeman
Damon J. Lee, Arun D. Rajan, Dorothy G. Capers, Michael J. Short
2024David P. Bozeman
Damon J. Lee, Arun D. Rajan, Michael D. Castagnetto, Michael J. Short, Michael P. Zechmeister
2023David P. Bozeman, Scott Anderson
Michael P. Zechmeister, Arun D. Rajan, Angela K. Freeman, Michael J. Short
2022Robert C. Biesterfeld Jr.
Michael P. Zechmeister, Arun D. Rajan, Mac S. Pinkerton, Michael J. Short
2021Robert C. Biesterfeld Jr.
Michael P. Zechmeister, Mac S. Pinkerton, Arun D. Rajan, Michael J. Short
       
Adjustment To PEO Compensation, Footnote   Amounts reported represent the amount of “Compensation Actually Paid,” as computed in accordance with SEC rules. Our NEOs did not participate in a pension plan; therefore, we did not report a change in pension value for any of the years reflected in this table, and a deduction from the Summary Compensation Table total related to pension value is not needed. Compensation Actually Paid to Current CEO reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:
2025 ($)
Compensation Reported in Summary Compensation Table for Current CEO11,045,949 
Less: Value of stock and option awards reported in Summary Compensation Table(6,984,383)
Plus: Year-end fair value of awards granted during the fiscal year that are unvested and outstanding10,006,486 
Plus: Year-end fair value of awards granted during the fiscal year that vested in the fiscal year1,539,582 
Plus/Less: The difference between fair value from the end of the prior fiscal year to the vesting date of equity awards that were granted during a prior fiscal year that vested in this fiscal year4,834,787 
Plus/Less: The difference between fair value of equity awards from the end of the prior fiscal year to the end of the fiscal year of equity awards that were granted during a prior fiscal year that remain unvested and outstanding during the fiscal year5,979,472 
Less: Prior fiscal year-end fair value of awards that were granted during a prior fiscal year that failed to vest during the fiscal year(1,389,856)
Total Adjustments13,986,088 
Compensation Actually Paid to Current CEO$25,032,037 
       
Non-PEO NEO Average Total Compensation Amount   $ 4,581,269 $ 3,766,773 $ 5,528,381 $ 3,425,442 $ 3,328,925
Non-PEO NEO Average Compensation Actually Paid Amount   $ 8,130,009 4,510,333 4,028,868 3,231,790 4,066,077
Adjustment to Non-PEO NEO Compensation Footnote   Refer above for the list of the Non-CEO NEOs included in the figures for 2021 through 2025. Average Compensation Actually Paid to Non-CEO NEOs reflects the following adjustments from Average Total Compensation reported in the Summary Compensation Table:
2025 ($)
Average Compensation Reported in Summary Compensation Table4,581,269 
Less: Value of stock and option awards reported in Summary Compensation Table(2,603,324)
Plus: Year-end value of awards granted during the fiscal year that are unvested and outstanding3,861,471 
Plus: Year-end value of awards granted during the fiscal year that vested in the fiscal year526,003 
Plus/Less: The difference between fair value from the end of the prior fiscal year to the vesting date of equity awards that were granted during a prior fiscal year that vested in this fiscal year601,787 
Plus/Less: The difference between fair value from the end of the prior fiscal year to the end of the fiscal year of equity awards that were granted during a prior fiscal year that remain unvested and outstanding during the fiscal year1,581,561 
Less: Prior year fair value of awards that were granted during a prior fiscal year that failed to vest in the fiscal year(418,758)
Total Adjustments3,548,740 
Average Compensation Actually Paid$8,130,009 
       
Compensation Actually Paid vs. Total Shareholder Return  
3784
(1)TSR in the above chart reflects the cumulative return of $100 as if invested on December 31, 2020, including reinvestment of any dividends.
(2)Current CEO represents David P. Bozeman, Former CEO includes Scott Anderson and Robert C. Biesterfeld Jr.
       
Compensation Actually Paid vs. Net Income  
Compensation Actually Paid versus Total Net Income
4084
       
Compensation Actually Paid vs. Company Selected Measure  
Compensation Actually Paid versus Adjusted Operating Margin %
4148
       
Total Shareholder Return Vs Peer Group   Total shareholder return (“TSR”) is calculated based on a fixed investment of one hundred dollars measured from the market close on December 31, 2020 (the last trading day of 2020) through and including the end of the fiscal year for each year reported in the table.Our peer group used for the TSR calculation is the Nasdaq Transportation Index, which is the industry index used to show our performance in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.        
Tabular List, Table  
The following table lists the most important financial performance measures we used to link Compensation Actually Paid to the NEOs for fiscal 2025 to our performance:
Financial Performance Measures
Adjusted Operating Margin(1)
Diluted Earnings Per Share
Adjusted Gross Profit(1)
(1)Additional information about adjusted gross profit and adjusted operating margin, including a reconciliation to gross profit and operating margin, is available in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
       
Total Shareholder Return Amount   $ 192.75 149.17 121.38 125.27 144.14
Peer Group Total Shareholder Return Amount   138.77 133.76 130.87 97.55 120.41
Net Income (Loss)   $ 587,081 $ 465,690 $ 325,129 $ 940,524 $ 844,245
Company Selected Measure Amount   0.291 0.242 0.198 0.353 0.343
Additional 402(v) Disclosure  
(1)Additional information about adjusted gross profit and adjusted operating margin, including a reconciliation to gross profit and operating margin, is available in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
       
Measure:: 1            
Pay vs Performance Disclosure            
Non-GAAP Measure Description Our company-selected measure, which is the measure we believe represents the most important financial performance not otherwise presented in the table above that we use to link Compensation Actually Paid to our NEOs for fiscal 2025 to our company’s performance, is adjusted operating margin.
(7)For 2023, our Former CEO was Scott Anderson.
(8)For 2021 and 2022, our Former CEO was Robert C. Biesterfeld Jr.
         
David P. Bozeman [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   $ 11,045,949 $ 8,777,208 $ 27,966,653    
PEO Actually Paid Compensation Amount   $ 25,032,037 $ 14,851,421 $ 26,532,662    
PEO Name   David P. Bozeman David P. Bozeman David P. Bozeman, Scott Anderson    
Scott P. Anderson [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       $ 2,796,530    
PEO Actually Paid Compensation Amount       $ 2,684,241    
PEO Name       David P. Bozeman, Scott Anderson    
Robert C. Biesterfeld Jr. [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount         $ 10,529,870 $ 10,233,276
PEO Actually Paid Compensation Amount         $ 9,724,702 $ 13,016,105
PEO Name         Robert C. Biesterfeld Jr. Robert C. Biesterfeld Jr.
PEO | David P. Bozeman [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ 13,986,088        
PEO | David P. Bozeman [Member] | Value Of Awards, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (6,984,383)        
PEO | David P. Bozeman [Member] | Stock Awards Unvested, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   10,006,486        
PEO | David P. Bozeman [Member] | Stock Awards Vested, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   1,539,582        
PEO | David P. Bozeman [Member] | Equity Awards Reported Value [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   4,834,787        
PEO | David P. Bozeman [Member] | Equity Awards Granted in Prior Years, Vested [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   5,979,472        
PEO | David P. Bozeman [Member] | Equity Awards Granted in Prior Years, Unvested [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (1,389,856)        
Non-PEO NEO            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ 3,548,740        
Non-PEO NEO | Measure:: 2            
Pay vs Performance Disclosure            
Name   Adjusted Operating Margin(1)        
Non-PEO NEO | Measure:: 3            
Pay vs Performance Disclosure            
Name   Diluted Earnings Per Share        
Non-PEO NEO | Measure:: 4            
Pay vs Performance Disclosure            
Name   Adjusted Gross Profit(1)        
Non-PEO NEO | Value Of Awards, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ (2,603,324)        
Non-PEO NEO | Stock Awards Unvested, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   3,861,471        
Non-PEO NEO | Stock Awards Vested, Adjustment [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   526,003        
Non-PEO NEO | Equity Awards Reported Value [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   601,787        
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   1,581,561        
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ (418,758)        
v3.26.1
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2026
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true