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.
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FAQ
What insider transactions did GXO (GXO) report for Elizabeth Fogarty?
Did the GXO (GXO) Chief Communications Officer sell shares in the open market?
How many GXO (GXO) shares does Elizabeth Fogarty hold after these Form 4 transactions?
What RSU amounts were exercised by the GXO (GXO) executive in this filing?
What is the vesting schedule of the GXO (GXO) RSUs reported for Elizabeth Fogarty?
How are GXO (GXO) restricted stock units settled according to the filing?