GXO (GXO) officer settles 13,596 RSUs, 6,302 shares withheld for taxes
Rhea-AI Filing Summary
GXO Logistics, Inc. Chief Communications Officer Elizabeth Fogarty reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On March 7, 2026, RSUs vested as scheduled and were converted into common stock, consistent with their original vesting timetable.
Across several transactions, she exercised or settled RSUs covering 13,596 units, receiving an equivalent number of GXO common shares at a $0.00 exercise price as part of her compensation. On March 9, 2026, 6,302 common shares valued at $55.76 per share were withheld by GXO to cover tax liabilities related to this vesting, with no open market sales or discretionary trades.
After these transactions, Fogarty directly held 15,427 shares of GXO common stock. Footnotes clarify that each RSU represents a right to receive one share of GXO common stock or its cash equivalent and that the vesting schedule for these RSU grants runs through March 7, 2028, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,302 | $55.76 | $351K |
| Exercise | Restricted Stock Units | 1,495 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,258 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,281 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,562 | $0.00 | -- |
| Exercise | Common Stock | 1,495 | $0.00 | -- |
| Exercise | Common Stock | 2,258 | $0.00 | -- |
| Exercise | Common Stock | 3,281 | $0.00 | -- |
| Exercise | Common Stock | 6,562 | $0.00 | -- |
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 on March 7, 2026 and were settled on March 9, 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 four equal installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026, and March 7, 2027, subject to the Reporting Person's continued employment with the GXO. These RSUs vest in three equal annual installments on March 7, 2026, March 7, 2027, and March 7, 2028, subject to the Reporting Person's continued employment with the GXO.