GXO Logistics (GXO) COO receives 5,969 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beeks Bart Johan reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics, Inc. Chief Operating Officer Bart Johan Beeks reported an equity compensation grant of 5,969 Restricted Stock Units (RSUs) on March 1, 2026. The RSUs were awarded at a price of $0.00 per unit as part of his compensation, bringing his direct RSU holdings to 5,969 units.
Each RSU represents a contingent right to receive either one share of GXO common stock or a cash payment equal to the fair market value of one share. The award vests in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to his continued employment with GXO.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beeks Bart Johan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,969 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,969 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. 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 Bart Johan Beeks?
GXO reported that Chief Operating Officer Bart Johan Beeks received a grant of 5,969 Restricted Stock Units. This award is a form of equity compensation, increasing his direct RSU holdings and aligning part of his pay with GXO’s future stock or cash value.
What do the 5,969 RSUs granted to GXO COO Bart Johan Beeks represent?
Each of the 5,969 RSUs represents a contingent right to receive either one share of GXO common stock or a cash payment equal to its fair market value. This structure ties Beeks’s compensation to GXO’s future share price performance.
When do Bart Johan Beeks’s RSUs from GXO vest?
The 5,969 RSUs vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. Vesting is contingent on his continued employment with GXO through those respective vesting dates.
Is the RSU grant to GXO COO Bart Johan Beeks an open-market stock purchase?
No, the RSU grant is not an open-market stock purchase. It is a compensatory award reported with transaction code “A” for grant or award, at a price of $0.00 per unit, rather than shares bought in the market.
How many GXO RSUs does Bart Johan Beeks hold after this transaction?
After this transaction, Bart Johan Beeks directly holds 5,969 Restricted Stock Units. All of these RSUs come from the reported grant on March 1, 2026, and will vest over three years, subject to his continued employment with GXO.
What conditions apply to the vesting of GXO RSUs granted to Bart Johan Beeks?
The RSUs vest in three equal installments on March 1 of 2027, 2028, and 2029, provided Bart Johan Beeks remains employed by GXO. If employment does not continue, vesting terms would follow the award’s specific conditions described in company arrangements.