GXO Logistics (NYSE: GXO) CLO logs 5,906 RSUs vesting and tax share withholding
Rhea-AI Filing Summary
GXO Logistics Chief Legal Officer reports RSU vesting and tax withholding. On January 15, 2026, Chief Legal Officer Karlis Kirsis had 5,906 Restricted Stock Units convert into an equal number of GXO common shares at an exercise price of $0. These RSUs were earned from previously granted performance share units after performance criteria were certified in March 2025.
To cover related tax obligations, 2,776 shares were withheld by GXO at a price of $56.93 per share, and the footnotes state that no shares were sold by the reporting person in the market and there were no discretionary transactions. After these transactions, Kirsis directly owned 44,092 shares of GXO common stock.
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FAQ
What did GXO (GXO) Chief Legal Officer Karlis Kirsis report on this Form 4?
The Form 4 shows that 5,906 Restricted Stock Units held by Chief Legal Officer Karlis Kirsis vested and converted into GXO common stock on January 15, 2026, with related tax withholding but no open market sales.
How many GXO shares did Karlis Kirsis receive and how many were withheld for taxes?
Kirsis received 5,906 shares of GXO common stock from vested RSUs, and 2,776 shares were withheld by GXO at $56.93 per share to fund tax liabilities associated with the vesting.
Did Karlis Kirsis sell any GXO (GXO) shares in the market according to this filing?
No. A footnote explains that no shares were sold by the reporting person; the 2,776 shares shown under code F were withheld by GXO solely to cover tax obligations, with no discretionary or open market sales.
What is the origin of the RSUs that vested for GXO’s Chief Legal Officer?
The vested 5,906 RSUs came from Performance Share Units granted on March 30, 2022. After performance criteria were certified on March 6, 2025, those PSUs converted into time-based RSUs that vested on January 15, 2026.
How many GXO shares does Karlis Kirsis own after the reported transactions?
Following the RSU vesting and tax withholding on January 15, 2026, Karlis Kirsis directly owned 44,092 shares of GXO common stock.
What does each GXO Restricted Stock Unit (RSU) represent in this Form 4?
Each RSU 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 share of GXO common stock.