GXO director granted 4,847 RSUs
Byrne Patrick J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Byrne Patrick J reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics director Patrick J. Byrne received a grant of 4,847 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive either one share of GXO common stock or a cash payment equal to its fair market value.
The RSUs will vest on the earlier of May 20, 2027 or the date of GXO’s next annual meeting of stockholders, if Byrne continues serving on the Board of Directors through that vesting date. Following this award, he is reported as holding 4,847 RSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,847 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("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.
- F2. The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date of the next annual meeting of stockholders (the "Vesting Date"), provided that the Reporting Person continues to serve as a member of the Board of Directors of GXO through and until the Vesting Date.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
fair market value financial
Vesting Date financial
Board of Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Patrick J. Byrne report in this GXO (GXO) Form 4 filing?
How many GXO Logistics (GXO) RSUs were granted to Patrick J. Byrne?
When do Patrick J. Byrne’s GXO (GXO) RSUs vest?
What does each GXO (GXO) Restricted Stock Unit represent for Patrick J. Byrne?
Is Patrick J. Byrne’s GXO (GXO) RSU grant an open-market purchase or sale?
How many GXO (GXO) RSUs does Patrick J. Byrne hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.