GXO director granted 3,837 RSUs
Cooper Todd C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cooper Todd C reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics director Todd C. Cooper received a grant of 3,837 Restricted Stock Units (RSUs). Each RSU represents a right to receive either one share of GXO common stock or a cash payment equal to its fair market value. The RSUs will vest on the earlier of May 20, 2027 or the date of the next annual meeting of stockholders, as long as Cooper continues serving on GXO's Board of Directors through that vesting date. Following this grant, he holds 3,837 RSUs tied to GXO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,837 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date of the next annual meeting of stockholders (the "Vesting Date"), provided that the Reporting Person continues to serve as a member of the Board of Directors of GXO through and until the Vesting Date.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
Vesting Date financial
Board of Directors financial
FAQ
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What insider transaction did GXO (GXO) director Todd C. Cooper report?
How many GXO (GXO) Restricted Stock Units were granted to Todd C. Cooper?
When do Todd C. Cooper’s GXO (GXO) RSUs vest?
Does the GXO (GXO) RSU grant involve any open-market buying or selling?
What can Todd C. Cooper receive when GXO (GXO) RSUs vest?
Is this GXO (GXO) Form 4 transaction in derivatives or common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.