GXO director granted 3,837 RSUs
Wismans Kyle reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wismans Kyle reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics director Kyle Wismans received a grant of 3,837 Restricted Stock Units (RSUs). Each RSU represents a right to receive either one share of GXO common stock or a cash amount equal to its fair market value.
The RSUs will vest on the earlier of May 20, 2027 or the date of GXO’s next annual meeting of stockholders, as long as Wismans continues to serve on the Board of Directors through that vesting date. Following this award, he holds 3,837 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,837 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date of the next annual meeting of stockholders (the "Vesting Date"), provided that the Reporting Person continues to serve as a member of the Board of Directors of GXO through and until the Vesting Date.
Key Figures
Key Terms
Restricted Stock Units financial
Vesting Date financial
Board of Directors financial
FAQ
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What did GXO (GXO) director Kyle Wismans report on this Form 4?
How many GXO (GXO) Restricted Stock Units did Kyle Wismans receive?
When do Kyle Wismans’ GXO (GXO) RSUs vest?
Is Kyle Wismans’ GXO (GXO) Form 4 a stock purchase or a grant?
What does each GXO (GXO) Restricted Stock Unit granted to Kyle Wismans represent?
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