[8-K] C.H. Robinson Worldwide, Inc. Reports Material Event
C.H. Robinson amended its receivables purchase agreement to extend the securitization facility's termination date to August 12, 2027, while the committed funding available to its bankruptcy-remote subsidiary, C.H. Robinson Receivables, LLC, remains unchanged at $500 million. This amendment preserves the company's existing receivables financing capacity and maintains an off-balance-sheet funding source used to support working capital and payments to freight carriers.
The report also supplements a prior disclosure that Edward G. Feitzinger was elected to the board and will receive the company鈥檚 standard non-employee director compensation per the 2025 proxy; committee assignments are not yet determined. The amendment is filed as Exhibit 10.1.
C.H. Robinson ha modificato il contratto di acquisto dei crediti, estendendo la data di scadenza della struttura di cartolarizzazione al 12 agosto 2027. Il finanziamento impegnato disponibile per la sua controllata bankruptcy-remote, C.H. Robinson Receivables, LLC, resta invariato a $500 million. L'emendamento conserva la capacit脿 di finanziamento dei crediti esistenti e mantiene una fonte di finanziamento fuori bilancio utilizzata per il capitale circolante e per i pagamenti ai vettori.
Il rapporto integra inoltre una precedente comunicazione relativa all'elezione di Edward G. Feitzinger nel consiglio, che ricever脿 la compensazione standard prevista per i direttori non dipendenti nella proxy del 2025; le assegnazioni nelle commissioni non sono ancora state determinate. L'emendamento 猫 depositato come Exhibit 10.1.
C.H. Robinson enmend贸 su contrato de compra de cuentas por cobrar para prorrogar la fecha de terminaci贸n de la facilidad de titulizaci贸n hasta el 12 de agosto de 2027. La financiaci贸n comprometida disponible para su filial bankruptcy-remote, C.H. Robinson Receivables, LLC, permanece sin cambios en $500 million. Esta enmienda preserva la capacidad de financiaci贸n de cuentas por cobrar existente y mantiene una fuente de financiaci贸n fuera del balance que se utiliza para el capital de trabajo y los pagos a los transportistas.
El informe tambi茅n complementa una divulgaci贸n previa de que Edward G. Feitzinger fue elegido para la junta y recibir谩 la compensaci贸n est谩ndar para directores no empleados seg煤n el proxy de 2025; las asignaciones en comit茅s a煤n no se han determinado. La enmienda se presenta como Exhibit 10.1.
C.H. Robinson鞚� 毵れ稖毂勱秾 毵れ瀰 瓿勳暯鞚� 靾橃爼頃橃棳 鞙犽彊頇� 靹る箘鞚� 膦呺鞚检潉 2027雲� 8鞗� 12鞚�搿� 鞐办灔頄堨溂氅�, 韺岇偘須岉敿順� 鞛愴殞靷澑 C.H. Robinson Receivables, LLC鞐� 鞝滉车霅橂姅 鞎届爼 鞛愱笀鞚� $500 million鞙茧 氤�頃澊 鞐嗢姷雼堧嫟. 鞚措矆 靾橃爼鞚� 須岇偓鞚� 旮办〈 毵れ稖毂勱秾 臁半嫭 電ル牓鞚� 鞙犾頃橁碃 鞖挫爠鞛愲掣 氚� 頇旊 鞖挫啞鞐呾泊鞐� 雽�頃� 歆�旮夓潉 歆�鞗愴晿電� 雽�彀寑臁绊憸 鞕� 鞛愱笀鞗愳潉 瓿勳啀 頇曤炒頃╇媹雼�.
霕愴暅 鞚� 氤搓碃靹滊姅 Edward G. Feitzinger臧� 鞚挫偓須岇棎 靹犾瀯霅橃棃鞙茧┌ 2025雲� 頂勲鞁�(proxy)鞐� 霐半ジ 牍勳瀯鞗� 鞚挫偓 響滌 氤挫垬毳� 氚涥矊 霅滊嫟電� 膦呾爠 瓿奠嫓毳� 氤挫檮頃╇媹雼�. 鞙勳洂須� 氚办爼鞚� 鞎勳 瓴办爼霅橃 鞎婌晿鞀惦媹雼�. 鞚� 臧滌爼鞎堨潃 Exhibit 10.1搿� 鞝滌稖霅橃棃鞀惦媹雼�.
C.H. Robinson a modifi茅 son contrat d'achat de cr茅ances pour prolonger la date de r茅siliation de la facilit茅 de titrisation au 12 ao没t 2027, tandis que le financement engag茅 disponible pour sa filiale bankruptcy-remote, C.H. Robinson Receivables, LLC, reste inchang茅 脿 $500 million. Cet amendement pr茅serve la capacit茅 de financement des cr茅ances existantes de la soci茅t茅 et maintient une source de financement hors bilan utilis茅e pour le fonds de roulement et les paiements aux transporteurs.
Le rapport compl猫te 茅galement une divulgation ant茅rieure indiquant que Edward G. Feitzinger a 茅t茅 茅lu au conseil d'administration et recevra la r茅mun茅ration standard des administrateurs non salari茅s selon le proxy 2025 ; les affectations aux comit茅s ne sont pas encore d茅termin茅es. L'amendement est d茅pos茅 en tant qu'Exhibit 10.1.
C.H. Robinson hat die Vereinbarung zum Kauf von Forderungen ge盲ndert und das Laufzeitende der Verbriefungsfazilit盲t bis zum 12. August 2027 verl盲ngert, w盲hrend die zugesagte Finanzierung f眉r die insolvenzferne Tochtergesellschaft C.H. Robinson Receivables, LLC unver盲ndert bei $500 million verbleibt. Diese 脛nderung sichert die bestehende Forderungsfinanzierungskapazit盲t des Unternehmens und bewahrt eine au脽erbilanzielle Finanzierungsquelle zur Unterst眉tzung des Umlaufkapitals und zur Zahlung an Frachtf眉hrer.
Der Bericht erg盲nzt zudem eine fr眉here Mitteilung, dass Edward G. Feitzinger in den Vorstand gew盲hlt wurde und die im Proxy 2025 ausgewiesene regul盲re Verg眉tung f眉r nicht angestellte Direktoren erh盲lt; die Ausschusszuweisungen stehen noch aus. Die 脛nderung wurde als Exhibit 10.1 eingereicht.
- Facility termination extended to August 12, 2027, maintaining continuity of the receivables securitization program
- Committed funding remains at $500 million, preserving existing liquidity and receivables financing capacity
- Board expanded with Edward G. Feitzinger, who will receive standard non-employee director compensation per the 2025 proxy
- None.
Insights
TL;DR Extension of receivables facility preserves access to a $500M committed funding line through 2027, supporting liquidity and receivables financing.
The Fifth Amendment extends the termination date of the receivables purchase agreement to August 12, 2027 without reducing the committed capacity of $500 million. For investors, that means the company retains the same secured funding backstop for receivables through the extended term, which helps manage cash conversion cycles and counterparty payments tied to freight operations. The amendment appears to be a rollover of existing terms rather than a material expansion or contraction of capacity.
TL;DR Board addition is routine: Edward G. Feitzinger was elected and will receive standard director pay; committee roles are pending.
The 8-K supplements a prior filing to confirm Mr. Feitzinger's election to the board and states his compensation will follow the company鈥檚 published non-employee director arrangements in the 2025 proxy. The disclosure is procedural and consistent with normal board composition updates; no committee appointments or special compensatory arrangements were disclosed.
C.H. Robinson ha modificato il contratto di acquisto dei crediti, estendendo la data di scadenza della struttura di cartolarizzazione al 12 agosto 2027. Il finanziamento impegnato disponibile per la sua controllata bankruptcy-remote, C.H. Robinson Receivables, LLC, resta invariato a $500 million. L'emendamento conserva la capacit脿 di finanziamento dei crediti esistenti e mantiene una fonte di finanziamento fuori bilancio utilizzata per il capitale circolante e per i pagamenti ai vettori.
Il rapporto integra inoltre una precedente comunicazione relativa all'elezione di Edward G. Feitzinger nel consiglio, che ricever脿 la compensazione standard prevista per i direttori non dipendenti nella proxy del 2025; le assegnazioni nelle commissioni non sono ancora state determinate. L'emendamento 猫 depositato come Exhibit 10.1.
C.H. Robinson enmend贸 su contrato de compra de cuentas por cobrar para prorrogar la fecha de terminaci贸n de la facilidad de titulizaci贸n hasta el 12 de agosto de 2027. La financiaci贸n comprometida disponible para su filial bankruptcy-remote, C.H. Robinson Receivables, LLC, permanece sin cambios en $500 million. Esta enmienda preserva la capacidad de financiaci贸n de cuentas por cobrar existente y mantiene una fuente de financiaci贸n fuera del balance que se utiliza para el capital de trabajo y los pagos a los transportistas.
El informe tambi茅n complementa una divulgaci贸n previa de que Edward G. Feitzinger fue elegido para la junta y recibir谩 la compensaci贸n est谩ndar para directores no empleados seg煤n el proxy de 2025; las asignaciones en comit茅s a煤n no se han determinado. La enmienda se presenta como Exhibit 10.1.
C.H. Robinson鞚� 毵れ稖毂勱秾 毵れ瀰 瓿勳暯鞚� 靾橃爼頃橃棳 鞙犽彊頇� 靹る箘鞚� 膦呺鞚检潉 2027雲� 8鞗� 12鞚�搿� 鞐办灔頄堨溂氅�, 韺岇偘須岉敿順� 鞛愴殞靷澑 C.H. Robinson Receivables, LLC鞐� 鞝滉车霅橂姅 鞎届爼 鞛愱笀鞚� $500 million鞙茧 氤�頃澊 鞐嗢姷雼堧嫟. 鞚措矆 靾橃爼鞚� 須岇偓鞚� 旮办〈 毵れ稖毂勱秾 臁半嫭 電ル牓鞚� 鞙犾頃橁碃 鞖挫爠鞛愲掣 氚� 頇旊 鞖挫啞鞐呾泊鞐� 雽�頃� 歆�旮夓潉 歆�鞗愴晿電� 雽�彀寑臁绊憸 鞕� 鞛愱笀鞗愳潉 瓿勳啀 頇曤炒頃╇媹雼�.
霕愴暅 鞚� 氤搓碃靹滊姅 Edward G. Feitzinger臧� 鞚挫偓須岇棎 靹犾瀯霅橃棃鞙茧┌ 2025雲� 頂勲鞁�(proxy)鞐� 霐半ジ 牍勳瀯鞗� 鞚挫偓 響滌 氤挫垬毳� 氚涥矊 霅滊嫟電� 膦呾爠 瓿奠嫓毳� 氤挫檮頃╇媹雼�. 鞙勳洂須� 氚办爼鞚� 鞎勳 瓴办爼霅橃 鞎婌晿鞀惦媹雼�. 鞚� 臧滌爼鞎堨潃 Exhibit 10.1搿� 鞝滌稖霅橃棃鞀惦媹雼�.
C.H. Robinson a modifi茅 son contrat d'achat de cr茅ances pour prolonger la date de r茅siliation de la facilit茅 de titrisation au 12 ao没t 2027, tandis que le financement engag茅 disponible pour sa filiale bankruptcy-remote, C.H. Robinson Receivables, LLC, reste inchang茅 脿 $500 million. Cet amendement pr茅serve la capacit茅 de financement des cr茅ances existantes de la soci茅t茅 et maintient une source de financement hors bilan utilis茅e pour le fonds de roulement et les paiements aux transporteurs.
Le rapport compl猫te 茅galement une divulgation ant茅rieure indiquant que Edward G. Feitzinger a 茅t茅 茅lu au conseil d'administration et recevra la r茅mun茅ration standard des administrateurs non salari茅s selon le proxy 2025 ; les affectations aux comit茅s ne sont pas encore d茅termin茅es. L'amendement est d茅pos茅 en tant qu'Exhibit 10.1.
C.H. Robinson hat die Vereinbarung zum Kauf von Forderungen ge盲ndert und das Laufzeitende der Verbriefungsfazilit盲t bis zum 12. August 2027 verl盲ngert, w盲hrend die zugesagte Finanzierung f眉r die insolvenzferne Tochtergesellschaft C.H. Robinson Receivables, LLC unver盲ndert bei $500 million verbleibt. Diese 脛nderung sichert die bestehende Forderungsfinanzierungskapazit盲t des Unternehmens und bewahrt eine au脽erbilanzielle Finanzierungsquelle zur Unterst眉tzung des Umlaufkapitals und zur Zahlung an Frachtf眉hrer.
Der Bericht erg盲nzt zudem eine fr眉here Mitteilung, dass Edward G. Feitzinger in den Vorstand gew盲hlt wurde und die im Proxy 2025 ausgewiesene regul盲re Verg眉tung f眉r nicht angestellte Direktoren erh盲lt; die Ausschusszuweisungen stehen noch aus. Die 脛nderung wurde als Exhibit 10.1 eingereicht.
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |||||||||||||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| 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 | ||||
C.H. ROBINSON WORLDWIDE, INC. | |||||||||||
By: | /s/ Dorothy G. Capers | ||||||||||
Dorothy G. Capers | |||||||||||
Chief Legal Officer and Secretary | |||||||||||
Source:
FAQ
What did CHRW disclose in this 8-K?
Did the committed funding under the receivables facility change for CHRW?
How does the amendment affect the securitization facility's term?
Who was elected to the C.H. Robinson board and what compensation will they receive?
Where can I find the full amendment document?
