GXO (GXO) HR chief settles 2,676 RSUs; 2,222 shares withheld for taxes
Rhea-AI Filing Summary
GXO Logistics Chief Human Resources Officer Corinna Refsgaard exercised and settled 2,676 Restricted Stock Units into an equal number of GXO common shares on April 8, 2026. To cover the related tax liability, 2,222 shares were withheld by GXO at $53.27 per share, with no open-market sales. Following these transactions, Refsgaard directly holds 7,437 shares of GXO common stock.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding, no market sale.
Corinna Refsgaard converted 2,676 RSUs into GXO common stock, a standard equity compensation event. The Form 4 shows this as an exercise or conversion of derivative securities into shares.
Of these shares, 2,222 were withheld by GXO Logistics, Inc. at $53.27 per share to satisfy tax obligations, as described in the footnote. This F-code disposition is not an open-market sale and does not reflect a discretionary trading decision.
After the transactions, Refsgaard directly owns 7,437 GXO shares. The filing also notes that the RSU award vests in three equal annual installments on April 8, 2025, 2026 and 2027, tying this event to the scheduled second tranche of that grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,676 | $0.00 | -- |
| Exercise | Common Stock | 2,676 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,222 | $53.27 | $118K |
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 April 8, 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 vest in three equal annual installments on April 8, 2025, April 8, 2026 and April 8, 2027, subject to the Reporting Person's continued employment with GXO.