GXO Logistics (GXO) CCO awarded 11,902 performance-linked RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics Chief Communications Officer Elizabeth Fogarty reported awards of restricted stock units (RSUs). On March 1, 2026 she acquired 5,933 RSUs tied to performance share units granted in 2023 that were earned based on certified performance and converted to time-based RSUs vesting on January 15, 2027. She also received a separate grant of 5,969 RSUs that will vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, in each case contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fogarty Elizabeth
Role
Chief Communications Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,933 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,969 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,933 shares (Direct)
Footnotes (1)
- 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. On March 7, 2023, 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 effective March 1, 2026. Such PSUs converted to time-based RSUs that will vest on January 15, 2027, subject to the Reporting Person's continued employment with GXO. These RSUs vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to the Reporting Person's continued employment with GXO.
FAQ
What insider transaction did GXO (GXO) report for Elizabeth Fogarty?
GXO reported that Chief Communications Officer Elizabeth Fogarty acquired RSUs on March 1, 2026. She received 5,933 RSUs from earned performance share units and a separate grant of 5,969 RSUs, both tied to future vesting and continued employment conditions.
How many GXO (GXO) restricted stock units did Elizabeth Fogarty acquire?
Elizabeth Fogarty acquired two RSU awards totaling 11,902 units. One award covers 5,933 RSUs from earned performance share units, and the other is a new 5,969 RSU grant, each subject to specified vesting schedules and continued employment with GXO Logistics.
When do Elizabeth Fogarty’s GXO (GXO) performance-based RSUs vest?
The 5,933 RSUs from earned performance share units vest on January 15, 2027. These units were granted as PSUs in March 2023, earned after performance criteria were achieved, and converted to time-based RSUs once results were certified effective March 1, 2026.
What is the vesting schedule for Elizabeth Fogarty’s new GXO (GXO) RSU grant?
The 5,969 newly granted RSUs vest in three equal annual installments. Vesting dates are March 1, 2027, March 1, 2028, and March 1, 2029, and each installment requires Fogarty’s continued employment with GXO Logistics through the applicable vesting date.
Are Elizabeth Fogarty’s GXO (GXO) RSUs settled in stock or cash?
Each RSU represents a contingent right to one GXO share or cash. Upon settlement, Fogarty may receive either one share of GXO common stock per unit or a cash payment equal to the fair market value of a share, as provided under the award terms.
Do Elizabeth Fogarty’s GXO (GXO) RSU awards have performance conditions?
One award of 5,933 RSUs originated as performance share units granted in March 2023, earned after performance criteria were achieved and certified effective March 1, 2026. After certification, these PSUs converted into time-based RSUs with a single future vesting date.