GXO Logistics (NYSE: GXO) CCO nets shares after RSU vesting
Rhea-AI Filing Summary
GXO Logistics Chief Communications Officer Elizabeth Fogarty reported equity award activity tied to previously granted performance-based awards. On January 15, 2026, 3,544 restricted stock units (RSUs) converted into an equal number of GXO common shares at an exercise price of $0, reflecting the vesting of PSUs granted in March 2022 that had met their performance criteria and then became time-based RSUs.
On the same date, 1,796 shares of common stock were withheld by GXO at $56.93 per share to cover tax obligations related to this vesting, and the filing states that no shares were sold and there were no open market or discretionary transactions. After these events, Fogarty directly held 8,133 shares of GXO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,544 | $0.00 | -- |
| Exercise | Common Stock | 3,544 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,796 | $56.93 | $102K |
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 January 15, 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. On March 30, 2022, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified on March 6, 2025. Such PSUs converted to time-based RSUs that vested on January 15, 2026, subject to the Reporting Person's continued employment with GXO.
FAQ
What insider transactions did GXO (GXO) disclose for Elizabeth Fogarty?
The filing shows that on January 15, 2026, Chief Communications Officer Elizabeth Fogarty had 3,544 RSUs convert into GXO common stock at $0 exercise price, and 1,796 shares were withheld by GXO to cover taxes related to the vesting.
What equity awards vested for the GXO (GXO) Chief Communications Officer?
The filing states that performance share units granted on March 30, 2022 were earned based on performance certified on March 6, 2025, then converted to time-based RSUs. These RSUs vested and were settled into 3,544 GXO common shares on January 15, 2026.
What does each RSU represent in the GXO (GXO) Form 4?
Each restricted stock unit represents a contingent right to receive either one share of GXO common stock or a cash payment equal to the fair market value of one GXO share.
What is the role of Elizabeth Fogarty at GXO (GXO) according to this filing?
According to the Form 4, Elizabeth Fogarty is an officer of GXO Logistics, Inc., serving as the company’s Chief Communications Officer, and is not a director or 10% owner.