GXO director exercises RSUs for 3,265 shares
GXO Logistics director Patrick J. Byrne exercised restricted stock units into common shares as part of his equity compensation.
Rhea-AI Filing Summary
GXO Logistics director Patrick J. Byrne exercised restricted stock units into common shares as part of his equity compensation. On May 13, 2026, he converted RSUs into a total of 3,265 shares of GXO common stock through two derivative exercises coded "M".
The footnotes state that each RSU was 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, and that these RSUs vested in full on May 13, 2026. Following the vesting and exercises, the RSU positions shown in this filing are reduced to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,265 shares exercised/converted
Exercise
4 txns
Insider
Byrne Patrick J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,926 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 339 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,926 | $0.00 | $0.00 |
| Exercise | Common Stock | 339 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 3,265 shares (Direct)
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 vested in full on May 13, 2026.
Key Figures
Shares acquired via RSU exercises: 3,265 shares
Number of RSU exercise transactions: 2 exercises
Individual RSU blocks converted: 339 and 2,926 units
+3 more
6 metrics
Shares acquired via RSU exercises
3,265 shares
Total exerciseShares in transactionSummary
Number of RSU exercise transactions
2 exercises
exerciseCount in transactionSummary
Individual RSU blocks converted
339 and 2,926 units
Restricted Stock Units, May 13, 2026
Transaction date
May 13, 2026
All transactions in Form 4
RSU vesting date
May 13, 2026
Footnote states RSUs vested in full
RSU positions after exercise
0 units
total_shares_following_transaction for RSUs
Key Terms
Restricted Stock Units, contingent right, fair market value, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share or cash value."
fair market value financial
"or a cash payment equal to the fair market value of one share of GXO Common Stock."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GXO (GXO) director Patrick J. Byrne report?
Patrick J. Byrne reported exercising restricted stock units into GXO common stock. On May 13, 2026, he converted RSUs into 3,265 shares as part of his equity compensation, with the derivative RSU positions shown in the filing dropping to zero after vesting.
What do the restricted stock units in the GXO (GXO) Form 4 represent?
Each restricted stock unit represents a contingent right to receive either one share of GXO common stock or a cash payment equal to one share’s fair market value. Upon vesting, the RSUs in this filing were settled by delivering GXO common shares to the reporting person.
When did Patrick J. Byrne’s GXO restricted stock units fully vest?
The footnotes state that the RSUs vested in full on May 13, 2026. On that same date, the units were exercised and converted into 3,265 GXO common shares, and the RSU positions reported in this Form 4 were reduced to zero afterward.
Was the GXO (GXO) Form 4 transaction a market buy or sell?
The Form 4 reflects derivative exercises coded "M," not open-market trades. Byrne received 3,265 GXO shares from vesting RSUs, representing equity compensation delivery rather than an open-market purchase or sale of existing common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
