Form 4 for XPO XPO, Inc.
Accepted 2024-12-31 00:00:00 ET · period of report 2024-12-31 · accession 0001166003-24-000090 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-31 | 2024-12-31 | XPO | BRADLEY S JACOBS | Executive COB, Dir | F - Tax | $131.15 | -544.3K | 1.05M | -34% | -$71.38M |
| D | 2024-12-31 | 2024-12-31 | XPO | BRADLEY S JACOBS | Executive COB, Dir | M - OptEx | $0.00 | +1.17M | 1.59M | +283% | $0 |
| D | 2024-12-31 | 2024-12-31 | XPO | BRADLEY S JACOBS | Executive COB, Dir | M - OptEx | $0.00 | -1.17M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-12-31 | F | D | 544,261 | $131.15 | 1,045,722 | D | — | — | |
| 2 | Common | Common Stock | 2024-12-31 | M | A | 1,174,495 | $0.00 | 1,589,983 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2024-12-31 | M | D | 1,174,495 | $0.00 | 0 | D | — · — to — | 1,174,495 Common Stock | (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) In 2018 and 2019, the Reporting Person was granted performance-based restricted stock unit ("PSU") awards. On November 1, 2022, the Issuer completed a distribution of all of the outstanding shares of common stock of RXO, Inc. ("RXO") to the Issuer's stockholders (the "Distribution"). Contingent upon and effective as of the completion of the Distribution, the PSU awards were converted into a single time-based vesting RSU award. The RSU award vested in full on the transaction date and was initially reported on a Form 4 filed on November 3, 2022. The after-tax shares received upon settlement of the RSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2025. |