GXO executive granted 11,902 restricted stock units
GXO Logistics Chief Communications Officer Elizabeth Fogarty reported awards of restricted stock units (RSUs).
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,933 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,969 | $0.00 | $0.00 |
Footnotes (3)
- 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. 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.
- F3. 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
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What insider transaction did GXO (GXO) report for Elizabeth Fogarty?
How many GXO (GXO) restricted stock units did Elizabeth Fogarty acquire?
When do Elizabeth Fogarty’s GXO (GXO) performance-based RSUs vest?
What is the vesting schedule for Elizabeth Fogarty’s new GXO (GXO) RSU grant?
Are Elizabeth Fogarty’s GXO (GXO) RSUs settled in stock or cash?
Do Elizabeth Fogarty’s GXO (GXO) RSU awards have performance conditions?
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