GXO Insider Filing: 29,805 Restricted Stock Units Awarded to CEO
Rhea-AI Filing Summary
Patrick Michael Kelleher, Chief Executive Officer of GXO Logistics, Inc. (GXO), was granted 29,805 Restricted Stock Units (RSUs) on 08/19/2025. Each RSU represents a contingent right to receive one share of GXO common stock or a cash payment equal to the fair market value of one share. The RSUs vest in three equal annual installments on August 19, 2026, August 19, 2027, and August 19, 2028, conditioned on the reporting persons continued employment with GXO.
The filing reports the 29,805 RSUs as a direct beneficial ownership position following the grant and records the transaction price as $0, consistent with typical equity compensation awards where shares are not purchased by the insider.
Positive
- 29,805 RSUs granted to the CEO, clearly disclosed on Form 4
- Explicit three-year vesting schedule (Aug 19, 2026; Aug 19, 2027; Aug 19, 2028) aligning compensation with continued service
- RSUs convertible to shares or cash, providing flexibility in settlement
Negative
- None.
Insights
TL;DR: CEO received a time-vested award of 29,805 RSUs that vests over three years, aligning pay with continued service.
The grant of 29,805 Restricted Stock Units to the CEO on 08/19/2025 is a standard form of long-term, time-based equity compensation. The award vests in three equal annual installments, which promotes retention by tying value realization to continued employment through 2028. The filing shows these RSUs are reported as direct beneficial ownership and carry no purchase price to the reporting person, indicating a compensation grant rather than a market transaction.
TL;DR: The Form 4 documents a routine compensation-related grant with explicit vesting dates and direct ownership reporting.
The disclosure is concise and provides the essential compliance details: grant amount (29,805 RSUs), grant date (08/19/2025), vesting schedule (three equal annual installments on August 19, 2026/2027/2028), and the nature of the RSUs (settlement in stock or cash equal to fair market value). The form is signed by an attorney-in-fact and filed as a single reporting person, meeting Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,805 | $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. These RSUs vest in three equal annual installments on August 19, 2026, August 19, 2027, and August 19, 2028, subject to the Reporting Person's continued employment with GXO.
FAQ
What insider transaction did GXO (GXO) report on this Form 4?
When do the RSUs granted to GXO's CEO vest?
How will the RSUs be settled according to the Form 4?
Does the Form 4 show any purchase price paid by the reporting person for the RSUs?
Who signed the Form 4 filing for the reporting person?