Wendy Cassity - 15 Mar 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Chief Legal Officer
Signature
/s/ Wendy Cassity
Issuer symbol
XPO
Transactions as of
15 Mar 2024
Transactions value $
-$492,357
Form type
4
Filing time
19 Mar 2024, 17:08:39 UTC
Previous filing
04 Mar 2024
Next filing
05 Mar 2025
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 +8,791 $0 8,791 15 Mar 2024 Direct
transaction XPO Common Stock Tax liability -$492,357 -4,014 -46% $122.66 4,777 15 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 -8,791 -33% $0 17,581 15 Mar 2024 Common Stock 8,791 Direct F1, F2
* 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 15, 2024, March 15, 2025 and March 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.