GXO director granted 3,837 RSUs
Fassler Matthew J. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fassler Matthew J. reported acquisition or exercise transactions in this Form 4 filing.
GXO Logistics director Matthew J. Fassler received a grant of 3,837 Restricted Stock Units as equity compensation. Each RSU represents a contingent right to receive either one share of GXO common stock or a cash payment equal to its fair market value. The RSUs are scheduled to vest on the earlier of May 20, 2027, or the date of GXO’s next annual stockholder meeting, provided he continues to serve on the Board through that vesting date. Following this award, Fassler holds 3,837 RSUs directly, reflecting a routine compensation grant rather than an open-market transaction.
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
fair market value financial
Vesting Date financial
Board of Directors financial
FAQ
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What did GXO (GXO) director Matthew J. Fassler report on this Form 4?
How many GXO (GXO) Restricted Stock Units were granted to Matthew J. Fassler?
When do Matthew J. Fassler’s GXO (GXO) RSUs vest?
Are the GXO (GXO) RSUs settled in stock or cash for Matthew J. Fassler?
Is Matthew J. Fassler’s GXO (GXO) Form 4 a stock purchase or sale?
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