QXO (QXO) CFO discloses 127,125 RSU vesting and 58,923-share tax withholding
Rhea-AI Filing Summary
QXO, Inc.'s Chief Financial Officer reported the vesting and settlement of 127,125 restricted stock units (RSUs) into common stock on December 31, 2025. These RSUs converted into an equal number of common shares at an exercise price of $0.00.
To cover related tax liabilities, the issuer withheld 58,923 shares at a price of $21.04 per share; no shares were sold by the executive in the market. After these transactions, the officer beneficially owned 177,612 shares of common stock and 720,375 RSUs. The RSU award is scheduled to vest in installments of 15%, 17.5%, 17.5%, 25%, and 25% on specified annual dates through December 31, 2029, and after-tax shares received are subject to a transfer lock-up through that date.
Positive
- None.
Negative
- None.
FAQ
What insider stock transaction did QXO (QXO) report for its CFO?
The Chief Financial Officer reported the vesting and settlement of 127,125 RSUs into an equal number of QXO common shares on December 31, 2025, at an exercise price of $0.00 per share.
How many QXO shares were withheld for taxes in this Form 4?
The issuer withheld 58,923 QXO common shares at $21.04 per share to fund tax liabilities related to the RSU vesting; the executive did not sell any shares in the market.
How many QXO shares does the CFO own after the reported transaction?
After the reported transactions, the CFO beneficially owned 177,612 shares of QXO common stock and 720,375 restricted stock units.
What is the vesting schedule of the QXO RSUs reported in this Form 4?
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, generally subject to continued employment.
Are the QXO shares from these RSUs subject to any lock-up restrictions?
Yes. The after-tax shares received upon settlement of the RSU award are subject to a lock-up prohibiting transfers through December 31, 2029.
Does this QXO Form 4 involve any open market sales by the CFO?
No. The explanation states that no shares were sold by the reporting person; the shares indicated as disposed of were withheld by the issuer solely to cover tax liabilities.