QXO, Inc. (QXO) awards 32,637 RSUs to interim CAO Madeline Otero
Rhea-AI Filing Summary
OTERO MADELINE reported acquisition or exercise transactions in this Form 4 filing.
QXO, Inc. Interim CAO Madeline Otero received a grant of 32,637 restricted stock units on July 15, 2026, each representing one share of common stock. The RSUs vest 35% on January 15, 2027 and 65% on July 15, 2027, subject to continued employment. Otero’s direct common stock holdings were also updated to 878 shares after receiving 10 additional shares under a merger agreement adjustment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
OTERO MADELINE
Role
Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 32,637 | $0.00 | -- |
| holding | Common Stock, $0.00001 par value F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,637 shares (Direct);
Common Stock, $0.00001 par value — 878 shares (Direct)
Footnotes (3)
- F1. The Reporting Person previously reported 868 shares of QXO Common Stock received pursuant to the Agreement and Plan of Merger, dated as of April 18, 2026 (the "Merger Agreement"), by and among the Issuer, certain of its subsidiaries, and TopBuild Corp., subject to final calculations by the exchange agent. The Reporting Person's holdings have been updated to reflect 10 additional shares of QXO Common Stock received pursuant to the Merger Agreement, based on the exchange agent's final calculations.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
- F3. The RSUs vest in two installments of 35% on January 15, 2027 and 65% on July 15, 2027, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
Key Figures
RSU grant size: 32,637 units
Common shares held: 878 shares
Additional merger shares: 10 shares
+3 more
6 metrics
RSU grant size
32,637 units
Restricted stock units granted to Interim CAO on July 15, 2026
Common shares held
878 shares
Direct QXO common stock holdings after merger-related adjustment
Additional merger shares
10 shares
Extra QXO common shares received under merger agreement final calculations
First vesting tranche
35%
Portion of RSUs vesting on January 15, 2027, subject to continued employment
Second vesting tranche
65%
Portion of RSUs vesting on July 15, 2027, subject to continued employment
Underlying common shares
32,637 shares
Common stock issuable upon settlement of granted RSUs
Key Terms
Restricted Stock Units, contingent right, vest, Agreement and Plan of Merger
4 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
"represents a contingent right to receive, upon settlement, one share of Common Stock."
vest financial
"The RSUs vest in two installments of 35% on January 15, 2027 and 65% on July 15, 2027..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Agreement and Plan of Merger regulatory
"received pursuant to the Agreement and Plan of Merger, dated as of April 18, 2026..."
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did QXO (QXO) grant to Interim CAO Madeline Otero?
Interim CAO Madeline Otero received a grant of 32,637 restricted stock units (RSUs), each convertible into one share of QXO common stock. This award was granted on July 15, 2026 and represents a significant component of her equity-based compensation.
When do Madeline Otero’s new QXO (QXO) RSUs vest?
Otero’s 32,637 RSUs vest in two tranches: 35% on January 15, 2027 and 65% on July 15, 2027. Vesting is generally conditioned on her continued employment with QXO through each applicable vesting date.
What is the relationship between Otero’s QXO (QXO) RSUs and common stock?
Each of Otero’s 32,637 restricted stock units represents a contingent right to receive one share of QXO common stock upon settlement. Actual share delivery depends on satisfying vesting conditions tied to continued employment through 2027.
Were Madeline Otero’s QXO (QXO) transactions made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative, so these reported transactions are not identified as being executed under a pre-arranged Rule 10b5-1 trading plan for Otero.