QXO (QXO) officer details RSU vesting, tax withholding and lock-up
Rhea-AI Filing Summary
QXO, Inc. insider reports RSU vesting and tax withholding activity. On 12/31/2025, a company officer converted 156,044 restricted stock units into an equal number of QXO common shares at an exercise price of $0.00. Of these, 61,404 shares were withheld by QXO at $21.04 per share to cover tax liabilities related to the vesting, and no shares were sold in the open market. Following these transactions, the officer directly owned 121,993 shares of common stock and 884,254 RSUs. The RSU grant vests in five installments from December 31, 2025 through December 31, 2029, and after-tax shares received are locked up from transfer through December 31, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did QXO (QXO) report in this Form 4?
QXO reported that an officer converted 156,044 restricted stock units (RSUs) into the same number of common shares on December 31, 2025.
Were any QXO (QXO) shares sold in the market in this filing?
No. The filing states that no shares were sold. Instead, 61,404 shares were withheld by QXO to fund tax liabilities from the RSU vesting.
How many QXO shares does the reporting officer own after this transaction?
After the reported transactions, the officer directly owned 121,993 shares of QXO common stock and held 884,254 RSUs.
What is the vesting schedule of the QXO RSUs reported?
The RSUs vest in five installments: 15% on December 31, 2025, 17.5% on December 31, 2026, 17.5% on December 31, 2027, 25% on December 31, 2028, and 25% on December 31, 2029, subject to continued employment.
Is there a lock-up on the QXO shares received from these RSUs?
Yes. The after-tax shares received upon settlement of the RSUs are subject to a lock-up prohibiting transfers through December 31, 2029.
What is the role of the reporting person at QXO (QXO)?
The reporting person serves as QXO's Chief Accounting Officer and Deputy Chief Financial Officer.