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QXO grants RSUs, PSUs to president and COO West

QXO granted its President and COO a mix of time-based RSUs and TSR-linked performance stock units with vesting running through 2030.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QXO, Inc. (symbol: QXO) is the issuer of record for a Form 4 filing submitted to the SEC. West Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

QXO, Inc. (QXO) reported that President and COO Kenneth J. West received several equity awards on September 15, 2026. He was granted 75,857 RSUs that vest 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, each RSU settling into one share of Common Stock. He also received 480,769 RSUs vesting 50% on September 15, 2028 and 50% on September 15, 2030, and 218,531 RSUs vesting on October 15, 2026, in each case generally subject to continued employment. In addition, he was granted 75,857 performance stock units, each representing one share of Common Stock, that may vest based on QXO’s total shareholder return over a performance period ending December 31, 2030 relative to the S&P500 Index, with vesting capped at 225% of the target number of units.

Positive

  • None.

Negative

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Insider West Kenneth J
Role President and COO
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 75,857 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3 480,769 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F4 218,531 $0.00 $0.00
Grant/Award Performance Stock Units F5, F6 75,857 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 775,157 contracts (Direct); Performance Stock Units — 75,857 contracts (Direct)
Footnotes (6)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
  2. F2. The RSUs vest in four installments of 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
  3. F3. The RSUs vest in two installments of 50% on September 15, 2028 and 50% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
  4. F4. The RSUs vest on October 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
  5. F5. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Common Stock.
  6. F6. The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over a performance period beginning on the grant date and ending on December 31, 2030 relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.
RSU grant 1 75,857 units Time-based RSUs granted September 15, 2026, vesting from 2027 to 2030
RSU grant 1 vesting percentages 15%, 25%, 25%, 35% Installments vesting on September 15, 2027, 2028, 2029, and 2030
RSU grant 2 480,769 units Time-based RSUs vesting 50% on September 15, 2028 and 50% on September 15, 2030
RSU grant 3 218,531 units Time-based RSUs vesting on October 15, 2026
Performance stock units 75,857 units Target PSUs granted September 15, 2026, TSR performance period through December 31, 2030
PSU vesting cap 225% of target Maximum number of PSUs that may vest based on TSR performance
Shares per unit (RSUs and PSUs) 1 share per unit Each RSU or PSU represents a contingent right to receive one share of Common Stock
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.
performance-based restricted stock unit financial
"Each performance-based restricted stock unit ("PSU") represents a contingent"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
total shareholder return financial
"The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
S&P500 Index financial
"relative to companies in the S&P500 Index, generally subject to the Reporting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did QXO (QXO) grant to President and COO Kenneth J. West?

Kenneth J. West received three RSU grants totaling several hundred thousand units and 75,857 performance stock units on September 15, 2026, each unit representing a contingent right to receive one share of QXO Common Stock, subject to vesting conditions.

What are the vesting terms of the 75,857 RSUs granted by QXO (QXO)?

The 75,857 RSUs vest in four installments: 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, generally conditioned on Kenneth J. West’s continued employment through each vesting date.

How do the 480,769 RSUs for QXO’s (QXO) President and COO vest?

The 480,769 RSUs granted to Kenneth J. West vest in two equal tranches: 50% on September 15, 2028 and 50% on September 15, 2030, generally subject to his continued employment with QXO through those vesting dates.

When do the 218,531 RSUs granted by QXO (QXO) to Kenneth J. West vest?

The 218,531 RSUs granted to Kenneth J. West vest on October 15, 2026, generally subject to his continued employment with QXO through that vesting date, after which they may settle into shares of Common Stock.

How are the 75,857 performance stock units at QXO (QXO) earned?

The 75,857 PSUs may vest based on QXO’s total shareholder return over a performance period from the grant date through December 31, 2030, relative to companies in the S&P500 Index, with vesting capped at 225% of the target number of PSUs and subject to continued employment.

Were QXO (QXO) President and COO equity awards reported under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and there is no footnote stating that these September 15, 2026 equity grants were made under a Rule 10b5-1 or similar pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
West Kenneth J

(Last)(First)(Middle)
C/O QXO, INC.
FIVE AMERICAN LANE

(Street)
GREENWICH CONNECTICUT 06831

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QXO, Inc. [ QXO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/15/2026A75,857 (2) (2)Common Stock75,857$075,857D
Restricted Stock Units(1)09/15/2026A480,769 (3) (3)Common Stock480,769$0480,769D
Restricted Stock Units(1)09/15/2026A218,531 (4) (4)Common Stock218,531$0218,531D
Performance Stock Units(5)09/15/2026A75,857 (6) (6)Common Stock75,857$075,857D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
2. The RSUs vest in four installments of 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
3. The RSUs vest in two installments of 50% on September 15, 2028 and 50% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
4. The RSUs vest on October 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
5. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Common Stock.
6. The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over a performance period beginning on the grant date and ending on December 31, 2030 relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.
Remarks:
/s/ Christopher Signorello, as Attorney-in-fact09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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