GXO (NYSE: GXO) Chief Accounting Officer reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
GXO Logistics Chief Accounting Officer Paul Blanchett reported equity award activity, not an open-market trade. On January 15, 2026, 2,953 Restricted Stock Units (RSUs) vested and were converted into the same number of GXO common shares at $0 exercise price, increasing his directly held common stock to 20,789 shares.
To cover tax withholding on this vesting, 1,495 shares of common stock were withheld by GXO at a price of $56.93 per share, reducing his direct holdings to 19,294 shares. The footnotes clarify that no shares were sold by Blanchett in the market; all activity was related to the scheduled vesting and tax settlement of RSUs originally derived from performance share units granted in 2022.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did GXO (GXO) Chief Accounting Officer Paul Blanchett report?
Paul Blanchett reported the vesting and settlement of 2,953 Restricted Stock Units (RSUs) into GXO common stock on January 15, 2026, along with related tax withholding in shares.
Did GXO (GXO) officer Paul Blanchett sell any shares in the open market?
According to the footnotes, no shares were sold by the reporting person. The 1,495 shares shown as a disposition were withheld by GXO to fund tax liability on the RSU vesting, with no discretionary trades or open market sales.
How many GXO (GXO) shares does Paul Blanchett own after this Form 4 transaction?
After the RSU vesting and tax share withholding, Paul Blanchett directly beneficially owns 19,294 shares of GXO common stock.
What are the details of the RSUs reported by GXO (GXO) insider Paul Blanchett?
The filing shows 2,953 RSUs with a $0 exercise price converting into 2,953 GXO common shares on January 15, 2026. Each RSU provided a contingent right to receive either one share of GXO common stock or a cash amount equal to its fair market value.
Where did the RSUs reported by GXO (GXO) Chief Accounting Officer originate?
The footnotes state that on March 30, 2022, Blanchett received Performance Share Units (PSUs). After performance criteria were certified on March 6, 2025, the earned PSUs converted into time-based RSUs that vested on January 15, 2026, subject to continued employment.
What was the tax withholding price used for GXO (GXO) shares on this Form 4?
The filing reports that 1,495 GXO common shares were withheld to cover taxes at a price of $56.93 per share on January 15, 2026.