GXO Logistics CAO settles RSUs, tax withholding
GXO Logistics, Inc. reported that Chief Accounting Officer Paul Blanchett settled 2,953 Restricted Stock Units into an equal number of common shares on January 15, 2026, following performance-based PSUs granted March 30, 2022 and certified March 6, 2025.
Rhea-AI Filing Summary
GXO Logistics, Inc. reported that Chief Accounting Officer Paul Blanchett settled 2,953 Restricted Stock Units into an equal number of common shares on January 15, 2026, following performance-based PSUs granted March 30, 2022 and certified March 6, 2025. GXO withheld 1,495 shares at $56.93 per share to cover tax liability related to this vesting, with no open-market sales or discretionary trades. After these transactions, he holds 19,294 shares of GXO common stock directly.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,953 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,953 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,495 | $56.93 | $85K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax liability financial
FAQ
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