GXO Logistics director exercises 5,012 RSUs
GXO Logistics, Inc. director Todd C. Cooper exercised vested restricted stock units into common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,012 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,012 | $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 vested in full on May 13, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
derivative security financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GXO director Todd C. Cooper report on this Form 4 for GXO?
What do the Restricted Stock Units (RSUs) in the GXO Form 4 represent for Todd C. Cooper?
When did Todd C. Cooper’s GXO Restricted Stock Units vest according to the Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.