QXO, Inc. (QXO) CEO RSUs vest; shares withheld for tax payment
Rhea-AI Filing Summary
QXO, Inc. disclosed that its Chief Executive Officer, who is also a director and 10% owner, had a major restricted stock unit (RSU) vesting on December 31, 2025. On that date, 574,901 RSUs were converted into an equal number of common shares at an exercise price of $0.00. Of these, 266,467 shares were withheld by QXO at a price of $21.04 to cover tax obligations, leaving the executive with 308,434 common shares directly owned after the transaction.
The filing notes that no shares were sold by the executive in the market; the share reduction was solely for tax withholding. Following the transaction, the executive continued to hold 3,257,775 RSUs. These RSUs vest in scheduled installments from December 31, 2025 through December 31, 2029, and after-tax shares received upon settlement are subject to a lock-up that restricts transfers through December 31, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 574,901 | $0.00 | -- |
| Exercise | Common Stock, $0.00001 par value | 574,901 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.00001 par value | 266,467 | $21.04 | $5.61M |
Footnotes (1)
- No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on the Transaction Date, as originally scheduled, and there were no related discretionary transactions or open market sales. Each RSU represents a contingent right to receive, upon settlement, one share of Common Stock. The RSUs vest in five installments of 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 the Reporting Person's continued employment with the Issuer through the applicable vesting date. The after-tax shares received upon settlement of the RSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2029.
FAQ
What insider transaction did QXO (QXO) report for December 31, 2025?
QXO reported that its Chief Executive Officer, who is also a director and 10% owner, had 574,901 restricted stock units (RSUs) vest and settle into common shares on December 31, 2025. The conversion occurred at an exercise price of $0.00 per share.
What RSU holdings does the QXO (QXO) insider still have after this transaction?
Following the December 31, 2025 transaction, the reporting person continued to beneficially own 3,257,775 restricted stock units (RSUs) tied to QXO common stock.
What is the vesting schedule for the QXO (QXO) RSUs mentioned in the filing?
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 the executive’s continued employment.