Director at GXO Logistics (GXO) receives 5,012 shares from RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics director Torsten Pilz reported a routine equity award vesting. On May 13, 2026, 5,012 Restricted Stock Units converted into 5,012 shares of GXO common stock, reflecting the full vesting of this RSU grant. No shares were sold, and Pilz now directly holds 5,012 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,012 shares exercised/converted
Mixed
2 txns
Insider
Pilz Torsten
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 — 5,012 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
Shares acquired via RSU conversion: 5,012 shares
RSUs vested: 5,012 RSUs
Shares held after transaction: 5,012 shares
+2 more
5 metrics
Shares acquired via RSU conversion
5,012 shares
Common Stock acquired on May 13, 2026
RSUs vested
5,012 RSUs
Restricted Stock Units vested in full on May 13, 2026
Shares held after transaction
5,012 shares
Direct ownership of GXO common stock following the Form 4 event
Exercise/Conversion transactions
2 entries
One derivative RSU entry and one resulting common stock entry
Net buy/sell direction
Neutral
No open-market buys or sells; compensation-related RSU conversion
Key Terms
Restricted Stock Units, derivative security, contingent right, fair market value
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.
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 Restricted Stock Unit ("RSU") represents a contingent right to receive..."
fair market value financial
"or (ii) a cash payment equal to the fair market value of one share..."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What insider transaction did GXO director Torsten Pilz report on Form 4 for GXO?
Torsten Pilz reported the vesting and conversion of 5,012 Restricted Stock Units into 5,012 shares of GXO common stock on May 13, 2026. This reflects a compensation-related equity award rather than an open-market stock purchase or sale.
What are Restricted Stock Units (RSUs) in the GXO Logistics (GXO) Form 4 filing?
In this filing, each RSU represents a contingent right to receive either one GXO common share or a cash payment equal to its fair market value. On May 13, 2026, 5,012 RSUs vested in full and were settled into GXO common stock for director Torsten Pilz.