GXO Logistics (NYSE: GXO) interim CAO nets RSU shares after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics interim CAO Laura L. Bracken reported routine equity compensation activity. On July 1, 2026, 3,063 Restricted Stock Units vested and were converted into GXO common shares as scheduled. GXO withheld 746 shares to cover tax liability associated with this vesting, and no shares were sold on the open market. Following these transactions, Bracken directly holds 3,678 shares of GXO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,063 shares exercised/converted
Mixed
3 txns
Insider
Bracken Laura L.
Role
Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,063 | $0.00 | -- |
| Exercise | Common Stock | 3,063 | $0.00 | -- |
| Tax Withholding | Common Stock | 746 | $50.70 | $38K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 3,678 shares (Direct, null)
Footnotes (1)
- No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on July 1, 2026, as originally scheduled, and there were no related discretionary transactions or open market sales. Each RSU represents a contingent right to receive, either (i) one share of 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 vested on July 1, 2026, subject to the Reporting Person's continued employment with GXO.
Key Figures
RSUs vested: 3,063 units
Shares withheld for taxes: 746 shares
Shares held after transaction: 3,678 shares
+1 more
4 metrics
RSUs vested
3,063 units
Restricted Stock Units vested and settled on July 1, 2026
Shares withheld for taxes
746 shares
Withheld by GXO to fund tax liability on RSU vesting
Shares held after transaction
3,678 shares
Direct GXO common stock holdings after RSU vesting and withholding
Transaction price reference
$50.70 per share
Value used for tax-withholding disposition on 746 shares
Key Terms
Restricted Stock Units, tax liability, vesting and settlement, derivative security, +1 more
5 terms
Restricted Stock Units financial
"The RSUs vested and were settled on July 1, 2026, as originally scheduled"
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.
tax liability financial
"shares were withheld by GXO Logistics, Inc. to fund tax liability attributable to the vesting"
vesting and settlement financial
"tax liability attributable to the vesting and settlement of the Restricted Stock Units"
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 either one share of GXO common stock"
FAQ
What insider transaction did GXO (GXO) report for Laura L. Bracken?
GXO reported that interim CAO Laura L. Bracken had 3,063 Restricted Stock Units vest into GXO common stock. The event reflects scheduled equity compensation vesting rather than an open-market stock purchase or sale.
How many GXO (GXO) RSUs vested for the interim CAO on July 1, 2026?
A total of 3,063 Restricted Stock Units vested for the interim CAO on July 1, 2026. Each RSU represented the right to receive either one GXO common share or an equivalent cash payment at settlement.
What do GXO (GXO) Restricted Stock Units represent for the insider?
Each GXO Restricted Stock Unit represents a contingent right to receive either one share of GXO common stock or a cash payment equal to its fair market value. These units vest over time, subject to continued employment conditions.