S. JACOBS BRADLEY - 31 Dec 2023 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Executive Chairman, Director
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
31 Dec 2023
Transactions value $
-$1,750,486
Form type
4
Filing time
03 Jan 2024, 16:21:03 UTC
Previous filing
30 Mar 2023
Next filing
04 Jan 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 +43,125 +11% $0 430,541 31 Dec 2023 Direct
transaction XPO Common Stock Tax liability -$1,750,486 -19,985 -4.6% $87.59 410,556 31 Dec 2023 Direct
holding XPO Common Stock 1,300,701 31 Dec 2023 See footnote F1

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 -43,125 -100% $0* 0 31 Dec 2023 Common Stock 43,125 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jacobs Private Equity, LLC is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of Jacobs Private Equity, LLC.
F2 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.
F3 These RSUs vested in full on December 31, 2023.

Remarks:

See Exhibit 24, Power of Attorney, attached.