QXO interim CAO discloses initial share holdings
QXO, Inc. interim chief accounting officer Madeline Otero filed an initial Form 3, disclosing her equity holdings in the company.
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Form Type
3
Rhea-AI Filing Summary
QXO, Inc. interim chief accounting officer Madeline Otero filed an initial Form 3, disclosing her equity holdings in the company. She directly holds 868 shares of common stock. She also holds several grants of restricted stock units, each representing a contingent right to receive one share of QXO common stock upon settlement.
According to the disclosure, these RSU awards cover blocks of common stock, including 4,484 and 4,444 underlying shares, with vesting beginning on February 18 and February 20, 2027, subject to her continued service. Additional RSU awards covering 3,394, 2,969, 1,980 and 768 underlying shares vest in full or in installments between February 2027 and February 2029.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
OTERO MADELINE
Role
Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 18,039 contracts (Direct);
Common Stock, $0.00001 par value — 868 shares (Direct)
Footnotes (7)
- F1. The restricted stock units ("RSUs") vest in full on February 20, 2027, subject to the Reporting Person's continued service.
- F2. Each RSU represents a contingent right to receive, upon settlement, one share of QXO Common Stock.
- F3. The RSUs vest in two equal annual installments commencing on February 18, 2027, subject to the Reporting Person's continued service.
- F4. The RSUs vest in three equal annual installments commencing on February 17, 2027, subject to the Reporting Person's continued service.
- F5. The RSUs vest in full on February 20, 2027, subject to the Reporting Person's continued service.
- F6. The RSUs vest in full on February 18, 2028, subject to the Reporting Person's continued service.
- F7. The RSUs vest in full on February 17, 2029, subject to the Reporting Person's continued service.
Key Figures
Direct common shares: 868 shares
RSU block 1 underlying shares: 4,484 shares
RSU block 2 underlying shares: 4,444 shares
+5 more
8 metrics
Direct common shares
868 shares
Common Stock, $0.00001 par value, held directly
RSU block 1 underlying shares
4,484 shares
Restricted Stock Units convertible into QXO common stock
RSU block 2 underlying shares
4,444 shares
Restricted Stock Units convertible into QXO common stock
RSU block 3 underlying shares
3,394 shares
Restricted Stock Units convertible into QXO common stock
RSU block 4 underlying shares
2,969 shares
Restricted Stock Units convertible into QXO common stock
RSU block 5 underlying shares
1,980 shares
Restricted Stock Units convertible into QXO common stock
RSU block 6 underlying shares
768 shares
Restricted Stock Units convertible into QXO common stock
Key vesting date
February 20, 2027
Certain RSUs vest in full on this date, subject to continued service
Key Terms
Restricted Stock Units, RSUs, contingent right, continued service, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units ("RSUs") vest in full on February 20, 2027, subject to the Reporting Person's continued service."
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.
RSUs financial
"Each RSU represents a contingent right to receive, upon settlement, one share of QXO Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive, upon settlement, one share of QXO Common Stock."
continued service financial
"The RSUs vest in two equal annual installments commencing on February 18, 2027, subject to the Reporting Person's continued service."
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the QXO (QXO) Form 3 filing by Madeline Otero show?
The Form 3 shows interim CAO Madeline Otero’s initial ownership in QXO, Inc., including 868 common shares held directly and several restricted stock unit awards that each convert into one share of QXO common stock upon settlement, subject to their individual vesting schedules.
What restricted stock unit awards are reported for QXO interim CAO Madeline Otero?
The filing lists several restricted stock unit (RSU) awards, including blocks tied to 4,484 and 4,444 underlying QXO common shares, plus further awards of 3,394, 2,969, 1,980 and 768 underlying shares, each converting one-for-one into QXO stock when they settle.
When do Madeline Otero’s QXO restricted stock units vest?
The RSUs vest on specific future dates, including February 20, 2027; February 18, 2027; and February 17, 2029. Some grants vest in full on a single date, while others vest in equal annual installments, all conditioned on her continued service with QXO.
What conditions apply to the QXO (QXO) RSUs held by Madeline Otero?
Each RSU represents a contingent right to receive one share of QXO common stock upon settlement. The footnotes state the units vest only if Madeline Otero continues serving the company through the specified vesting dates between February 2027 and February 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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