Form 4 for GXO GXO Logistics, Inc.
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001875677-25-000003 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-10 | 2025-03-07+ | GXO | Wilson Malcolm | CEO, Dir | F - Tax | $38.33 | -8,527 | 108.6K | -7% | -$326.8K |
| DM | 2025-03-10 | 2025-03-07+ | GXO | Wilson Malcolm | CEO, Dir | M - OptEx | $0.00 | +18.1K | 112.1K | +19% | $0 |
| D | 2025-03-10 | 2025-03-06 | GXO | Wilson Malcolm | CEO, Dir | A - Grant | $0.00 | +24.8K | 24.8K | New | $0 |
| DM | 2025-03-10 | 2025-03-07+ | GXO | Wilson Malcolm | CEO, Dir | M - OptEx | $0.00 | -18.1K | 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 | 2025-03-10 | F | D | 1,647 | $38.10 | 110,427 | D | — | — | (F2) No shares were sold by the Reporting Person. These shares were withheld by GXO to fund tax liability attributable to the vesting and settlement of the RSUs reported on this Form 4. These RSUs vested and were settled on March 10, 2025, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 2 | Common | Common Stock | 2025-03-07 | F | D | 6,880 | $38.38 | 108,571 | D | — | — | (F1) No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on March 7, 2025, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Common | Common Stock | 2025-03-07 | M | A | 9,029 | $0.00 | 115,451 | D | — | — | |
| 4 | Common | Common Stock | 2025-03-07 | M | A | 5,608 | $0.00 | 106,422 | D | — | — | |
| 5 | Common | Common Stock | 2025-03-10 | M | A | 3,503 | $0.00 | 112,074 | D | — | — | |
| 6 | Derivative | Restricted Stock Units | 2025-03-06 | A | A | 24,809 | $0.00 | 24,809 | D | — · — to — | 24,809 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F4) On March 30, 2022, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified on March 6, 2025. Such PSUs converted to time-based RSUs that will vest on January 15, 2026, subject to the Reporting Person's continued employment with GXO. |
| 7 | Derivative | Restricted Stock Units | 2025-03-07 | M | D | 9,029 | $0.00 | 18,058 | D | — · — to — | 9,029 Common Stock | (F7) Due to a clerical error, the reporting person's Form 4 filed on March 11, 2024 inadvertently under reported the number of RSUs acquired on March 7, 2024 by 4,514 units. This Form 4 corrects such error by increasing the total amount of securities vested and beneficially owned by the reporting person. (F3) Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F6) These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. |
| 8 | Derivative | Restricted Stock Units | 2025-03-07 | M | D | 5,608 | $0.00 | 11,214 | D | — · — to — | 5,608 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F5) These RSUs vest in four equal installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. |
| 9 | Derivative | Restricted Stock Units | 2025-03-10 | M | D | 3,503 | $0.00 | 0 | D | — · — to — | 3,503 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F8) These RSUs vested in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024, and March 10, 2025, subject to the Reporting Person's continued employment with GXO. |