GXO CEO vests 9,935 RSUs; shares withheld for tax
GXO Logistics, Inc. (GXO) reported equity compensation activity for Chief Executive Officer Patrick Michael Kelleher.
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Rhea-AI Filing Summary
GXO Logistics, Inc. (GXO) reported equity compensation activity for Chief Executive Officer Patrick Michael Kelleher. On August 19, 2026, 9,935 Restricted Stock Units (RSUs) vested and were converted into the same number of shares of common stock, part of an award that vests in three equal annual installments on August 19, 2026, 2027, and 2028. Following this vesting, Kelleher held 19,870 RSUs. On August 20, 2026, 4,604 common shares were withheld by GXO at $46.63 per share to fund tax liability related to the RSU vesting; no shares were sold in the open market and there were no discretionary transactions.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,604 | $46.63 | $215K |
| Exercise | Restricted Stock Units F2, F3 | 9,935 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,935 | $0.00 | $0.00 |
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 on August 19, 2026, as originally scheduled, and were settled on August 20, 2026, 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. These RSUs vest in three equal annual installments on August 19, 2026, August 19, 2027, and August 19, 2028, subject to the Reporting Person's continued employment with GXO.
Key Figures
Key Terms
Restricted Stock Units financial
tax liability financial
contingent right financial
fair market value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did GXO (GXO) CEO Patrick Michael Kelleher report on this Form 4?
How many GXO (GXO) Restricted Stock Units vested for the CEO and when?
How many RSUs remain outstanding for the GXO (GXO) CEO after this transaction?
Are the GXO (GXO) CEO’s reported transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.