GXO director granted 3,837 RSUs
Pilz Torsten reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pilz Torsten reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics director Torsten Pilz received a grant of 3,837 Restricted Stock Units. These RSUs give him the right to receive either one share of GXO common stock or a cash payment equal to the fair market value of one share for each unit.
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 Pilz continues to serve on the Board of Directors through that vesting date. After this award, he holds 3,837 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,837 shares
Grant/Award
1 txn
Insider
Pilz Torsten
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,837 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,837 contracts (Direct)
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
RSUs granted: 3,837 units
RSUs outstanding after grant: 3,837 units
RSU exercise price: $0.00 per unit
+2 more
5 metrics
RSUs granted
3,837 units
Restricted Stock Units awarded on May 20, 2026
RSUs outstanding after grant
3,837 units
Total RSUs held directly by Torsten Pilz after transaction
RSU exercise price
$0.00 per unit
Award is a compensation grant with no purchase price
Underlying common stock
3,837 shares
Common shares underlying granted RSUs
RSU vesting date
May 20, 2027
Or earlier, on the date of the next annual stockholder meeting
Key Terms
Restricted Stock Units, fair market value, vest, Board of Directors
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive..."
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.
fair market value financial
"or (ii) a cash payment equal to the fair market value of one share..."
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.
vest financial
"The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Board of Directors financial
"provided that the Reporting Person continues to serve as a member of the Board of Directors..."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GXO (GXO) director Torsten Pilz report in this Form 4?
Torsten Pilz reported receiving a grant of 3,837 Restricted Stock Units. Each unit can convert into one GXO common share or a cash amount equal to its fair market value, subject to future vesting conditions.
How many Restricted Stock Units did Torsten Pilz receive from GXO (GXO)?
He received 3,837 Restricted Stock Units. Each RSU represents a contingent right to one share of GXO common stock or an equivalent cash payment, depending on how the award is ultimately settled at vesting.
When do Torsten Pilz’s GXO (GXO) RSUs vest?
The RSUs vest on the earlier of May 20, 2027 or the date of GXO’s next annual stockholder meeting. Vesting requires that Pilz continue serving as a member of GXO’s Board through that vesting date.
What does each GXO (GXO) RSU entitle Torsten Pilz to receive?
Each RSU entitles him to either one share of GXO common stock or a cash payment equal to one share’s fair market value. The company can choose the settlement form when the units vest under plan terms.
Is this GXO (GXO) Form 4 transaction a market purchase or sale?
No, it is a compensation-related grant. The Form 4 shows an acquisition coded as an award of 3,837 Restricted Stock Units, not an open-market buy or sale of GXO common stock by Torsten Pilz.
AI-generated analysis. How Rhea-AI works. Not financial advice.
