GXO (NYSE: GXO) director exercises 5,012 RSUs into common shares, now holds 10,794
Rhea-AI Filing Summary
GXO Logistics director Matthew J. Fassler exercised restricted stock units into common shares. On May 13, 2026, 5,012 RSUs converted into 5,012 shares of GXO common stock at a stated price of $0.00 per share as part of equity compensation. Following the transaction, he directly holds 10,794 shares of GXO common stock. Footnotes state the RSUs vested in full on May 13, 2026 and each RSU represented a right to receive either one share or a cash payment equal to the fair market value of one share.
Positive
- None.
Negative
- None.
Insights
Director converted 5,012 RSUs into GXO common stock as routine equity compensation.
Director Matthew J. Fassler exercised 5,012 restricted stock units into an equal number of GXO common shares on May 13, 2026. The transaction is coded "M", indicating an exercise or conversion of a derivative security rather than an open-market purchase.
The RSUs vested in full on May 13, 2026, and each unit entitled the holder to one share or a cash amount equal to one share’s fair market value. After the conversion, Fassler directly holds 10,794 GXO shares. With no sales, gifts, or tax-withholding dispositions reported, this filing reflects standard equity compensation rather than a directional market bet.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,012 | $0.00 | -- |
| Exercise | Common Stock | 5,012 | $0.00 | -- |
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.