Christopher Michael Brown - 07 Mar 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Chief Accounting Officer
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
07 Mar 2024
Net transactions value
-$138,321
Form type
4
Filing time
11 Mar 2024, 19:21:56 UTC
Previous filing
04 Mar 2024
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +1,659 +6.7% $0.000000 26,588 07 Mar 2024 Direct
transaction XPO Common Stock Tax liability $98,409 -769 -2.9% $127.97 25,819 07 Mar 2024 Direct
transaction XPO Common Stock Options Exercise $0 +702 +2.7% $0.000000 26,521 10 Mar 2024 Direct
transaction XPO Common Stock Tax liability $39,912 -326 -1.2% $122.43 26,195 10 Mar 2024 Direct

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 XPO Restricted Stock Unit Options Exercise $0 -1,659 -33% $0.000000 3,317 07 Mar 2024 Common Stock 1,659 Direct F1, F2
transaction XPO Restricted Stock Unit Options Exercise $0 -702 -50% $0.000000 701 10 Mar 2024 Common Stock 702 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
F2 These RSUs vest in three equal annual installments on March 7, 2024, March 7, 2025 and March 7, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3 These RSUs vest in two equal annual installments on March 10, 2024 and March 10, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.