Jared Corey Kushner - Apr 29, 2025 Form 4 Insider Report for QXO, Inc. (QXO)

Role
Director
Signature
/s/ Christopher Signorello, as Attorney-in-Fact
Stock symbol
QXO
Transactions as of
Apr 29, 2025
Transactions value $
$200,000,005
Form type
4
Date filed
5/1/2025, 04:53 PM
Previous filing
Aug 8, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QXO Common Stock, par value $0.00001 per share Award $200M +16.3M $12.30 16.3M Apr 29, 2025 See footnote F3
holding QXO Common Stock, par value $0.00001 per share 16.2M Apr 29, 2025 See footnote F1
holding QXO Common Stock, par value $0.00001 per share 164K Apr 29, 2025 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 16,247,069 shares held directly by Affinity Partners Parallel Fund I LP ("Parallel Fund I"). Affinity Partners GP LP ("GP") is the general partner of Parallel Fund I. A Fin Management LLC ("A Fin") is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Parallel Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
F2 Represents 164,310 shares held directly by Affinity Partners Fund I LP ("Fund I"). GP is the general partner of Fund I. A Fin is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
F3 Represents 16,260,163 shares held directly by Affinity QXO 1 LLC ("Affinity QXO"). Affinity QXO is owned by Fund I, Parallel Fund I, Affinity Partners Fund I Co-Invest Delta LP ("Delta"), Affinity Partners Fund I Co-Invest Delta II LP ("Delta II"), Affinity Partners Fund I Co-Invest Sigma LP ("Sigma") and Affinity Partners Fund I Co-Invest Sigma II LP ("Sigma II", together with Fund I, Parallel Fund I, Delta, Delta II and Sigma, the "Affinity Funds"). GP is the general partner of Fund I and Parallel Fund I. Affinity Partners Fund I Co-Invest GP LP ("Co-Invest GP") is the general partner of Delta, Delta II, Sigma and Sigma II. A Fin is the investment manager of the Affinity Funds. Jared Kushner is the Chief Executive Officer of A Fin and the controlling owner of the GP and the Co-Invest GP. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Affinity QXO. Mr. Kushner disclaims beneficial ownership over these shares.