GXO Logistics (NYSE: GXO) CEO granted 22,283 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics, Inc. reported that Chief Executive Officer Patrick Michael Kelleher acquired 22,283 Restricted Stock Units as a grant on March 1, 2026. Each RSU represents the right to receive either one share of GXO common stock or a cash payment equal to its fair market value. These RSUs vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, conditioned on his continued employment with GXO.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kelleher Patrick Michael
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,283 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,283 shares (Direct)
Footnotes (1)
- 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. These RSUs vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to the Reporting Person's continued employment with GXO.
FAQ
What insider transaction did GXO CEO Patrick Kelleher report on Form 4 for GXO?
Patrick Kelleher reported an acquisition of 22,283 Restricted Stock Units as a grant. The RSUs were awarded on March 1, 2026 and represent equity-based compensation tied to GXO common stock or its cash equivalent.
How many Restricted Stock Units did the GXO CEO receive in this Form 4 filing?
The GXO CEO received 22,283 Restricted Stock Units in this transaction. This equity grant adds to his long-term incentive compensation and aligns his interests with GXO shareholders through stock- or cash-settled awards.
How do the GXO CEO’s Restricted Stock Units from this Form 4 vest over time?
The 22,283 RSUs vest in three equal annual installments. Vesting occurs on March 1, 2027, March 1, 2028, and March 1, 2029, and is subject to Patrick Kelleher’s continued employment with GXO Logistics, Inc.
What does each GXO Restricted Stock Unit granted to the CEO represent?
Each RSU represents a contingent right to receive one GXO common share or cash equal to its fair market value. Settlement form is determined under the award’s terms, giving GXO flexibility while tying value to the company’s stock price.
Was the GXO CEO’s RSU grant in this Form 4 a market purchase or a compensation award?
The RSU transaction is a grant or award acquisition, not an open-market purchase. It reflects equity compensation provided by GXO Logistics, Inc. to Chief Executive Officer Patrick Kelleher on March 1, 2026.
Does the GXO CEO need to remain employed for the new RSUs to vest?
Yes. Vesting of the RSUs on March 1, 2027, March 1, 2028, and March 1, 2029 is subject to the reporting person’s continued employment with GXO, reinforcing long-term retention incentives.