GXO Logistics (NYSE: GXO) director acquires 5,012 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics, Inc. director Todd C. Cooper exercised vested restricted stock units into common stock. On May 13, 2026, he converted 5,012 Restricted Stock Units into 5,012 shares of GXO common stock at a stated price of $0.00 per share.
Following this derivative exercise, his direct holdings increased to 15,052 shares of GXO common stock. The footnotes state that the RSUs vested in full on May 13, 2026 and each RSU represents a contingent right to receive one share of GXO common stock or a cash payment equal to its fair market value.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,012 shares exercised/converted
Mixed
2 txns
Insider
Cooper Todd C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,012 | $0.00 | -- |
| Exercise | Common Stock | 5,012 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 15,052 shares (Direct, null)
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. The RSUs vested in full on May 13, 2026.
Key Figures
RSUs exercised: 5,012 units
Shares received: 5,012 shares
Post-transaction holdings: 15,052 shares
+1 more
4 metrics
RSUs exercised
5,012 units
Restricted Stock Units converted to common stock on May 13, 2026
Shares received
5,012 shares
Common stock acquired via RSU exercise on May 13, 2026
Post-transaction holdings
15,052 shares
Direct GXO common stock owned after the exercise
Exercise price per share
$0.00 per share
Stated transaction price for RSU conversion
Key Terms
Restricted Stock Units, RSU, derivative security, contingent right
4 terms
Restricted Stock Units financial
"The RSUs vested in full on May 13, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive..."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share or a cash payment."
FAQ
What insider transaction did GXO director Todd C. Cooper report on this Form 4 for GXO?
Todd C. Cooper reported exercising derivative awards, converting 5,012 Restricted Stock Units into 5,012 shares of GXO common stock on May 13, 2026. This was an exercise of equity compensation, not an open-market purchase or sale.
What do the Restricted Stock Units (RSUs) in the GXO Form 4 represent for Todd C. Cooper?
Each RSU represents a contingent right to receive one share of GXO common stock or a cash payment equal to its fair market value. The footnotes state that these RSUs vested in full on May 13, 2026 before conversion.
When did Todd C. Cooper’s GXO Restricted Stock Units vest according to the Form 4 footnotes?
The footnotes state that Todd C. Cooper’s Restricted Stock Units vested in full on May 13, 2026. On the same date, 5,012 RSUs were exercised or converted into 5,012 shares of GXO common stock at a stated price of $0.00.