GXO (NYSE: GXO) executive nets shares after RSUs vest and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics Chief Communications Officer Elizabeth Fogarty reported routine equity compensation activity tied to previously granted restricted stock units. On April 1, 2026, 937 RSUs vested and were converted into 937 shares of GXO common stock as originally scheduled under the award terms.
To cover tax liability from this vesting, 435 of those shares were automatically withheld by GXO at $51.85 per share, rather than sold in the open market. Net, Fogarty added 502 shares, bringing her direct common stock holdings to 15,929 shares following these transactions, with no discretionary trades or open market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
937 shares exercised/converted
Mixed
3 txns
Insider
Fogarty Elizabeth
Role
Chief Communications Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 937 | $0.00 | -- |
| Exercise | Common Stock | 937 | $0.00 | -- |
| Tax Withholding | Common Stock | 435 | $51.85 | $23K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 16,364 shares (Direct)
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 and were settled on April 1, 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 vested in four equal annual installments on April 1, 2023, April 1, 2024, April 1, 2025, and April 1, 2026, subject to the Reporting Person's continued employment with the Issuer.
Key Figures
RSUs vested and settled: 937 units
Shares withheld for taxes: 435 shares
Tax withholding price: $51.85 per share
+2 more
5 metrics
RSUs vested and settled
937 units
Restricted Stock Units converted to GXO common stock on April 1, 2026
Shares withheld for taxes
435 shares
Common stock withheld by GXO at $51.85 per share to fund tax liability
Tax withholding price
$51.85 per share
Value used when 435 GXO common shares were withheld for tax obligations
Shares held after transactions
15,929 shares
Elizabeth Fogarty’s direct GXO common stock holdings following April 1, 2026 events
Net shares added
502 shares
RSUs vested (937) minus shares withheld for taxes (435) on April 1, 2026
Key Terms
Restricted Stock Units, tax liability, vesting and settlement, contingent right, +2 more
6 terms
Restricted Stock Units financial
"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")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units"
vesting and settlement financial
"These RSUs vested and were settled on April 1, 2026, as originally scheduled"
contingent right financial
"Each RSU represents a contingent right to receive, either (i) one share of GXO common stock"
fair market value financial
"or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
annual installments financial
"These RSUs vested in four equal annual installments on April 1, 2023, April 1, 2024, April 1, 2025, and April 1, 2026"
FAQ
What did GXO (GXO) executive Elizabeth Fogarty report in this Form 4?
Elizabeth Fogarty reported the vesting and settlement of 937 restricted stock units into GXO common shares. As part of this routine compensation event, some shares were automatically withheld to cover taxes, with no discretionary or open market sales disclosed.
How many GXO Logistics RSUs vested for Elizabeth Fogarty?
A total of 937 restricted stock units vested and were settled into GXO common stock. These RSUs were part of an award that vested in four equal annual installments, completing on April 1, 2026, subject to continued employment with the company.
What are GXO restricted stock units as described in Fogarty’s filing?
Each restricted stock unit represents a contingent right to receive either one share of GXO common stock or a cash payment equal to its fair market value. These units vest over time, subject to continued employment, and then settle into stock or cash.