Jared Kushner updates QXO (QXO) holdings with RSU grant and exercise
Rhea-AI Filing Summary
QXO, Inc. director Jared Kushner reported equity compensation and updated indirect holdings. He exercised 12,111 restricted stock units into the same number of shares of common stock at $0.0000 per share, bringing his directly held common stock to 26,634 shares.
He also received a new grant of 9,274 restricted stock units, each representing one future share of common stock, scheduled to vest in full on the date of QXO’s 2027 Annual Meeting of Stockholders, subject to his continued board service. Separately, the filing lists large indirect positions held by Affinity QXO 1 LLC and Affinity Partners funds, over which he may be deemed to share voting and dispositive power but for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,111 shares
Net Buy
6 txns
Insider
Kushner Jared Corey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,111 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 9,274 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.00001 par value | 12,111 | $0.00 | $0.00 |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 9,274 shares (Direct);
Common Stock, $0.00001 par value — 26,634 shares (Direct);
Common Stock, $0.00001 par value — 32,671,542 shares (Indirect, See footnote)
Footnotes (8)
- F1. The Reporting Person has agreed to transfer shares of Common Stock to certain of the Affinity Funds (as defined below). The Reporting Person disclaims beneficial ownership over these shares.
- F2. Represents 16,247,069 shares held directly by Affinity Partners Parallel Fund I LP ("Parallel Fund I"). Affinity Partners GP LP ("GP") is the general partner of Parallel Fund I. A Fin Management LLC ("A Fin") is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Parallel Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
- F3. Represents 164,310 shares held directly by Affinity Partners Fund I LP ("Fund I"). GP is the general partner of Fund I. A Fin is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
- F4. Represents 16,260,163 shares held directly by Affinity QXO 1 LLC ("Affinity QXO"). Affinity QXO is owned by Fund I, Parallel Fund I, Affinity Partners Fund I Co-Invest Delta LP ("Delta"), Affinity Partners Fund I Co-Invest Delta II LP ("Delta II"), Affinity Partners Fund I Co-Invest Sigma LP ("Sigma") and Affinity Partners Fund I Co-Invest Sigma II LP ("Sigma II", together with Fund I, Parallel Fund I, Delta, Delta II and Sigma, the "Affinity Funds"). GP is the general partner of Fund I and Parallel Fund I. Affinity Partners Fund I Co-Invest GP LP ("Co-Invest GP") is the general partner of Delta, Delta II, Sigma and Sigma II. A Fin is the investment manager of the Affinity Funds. Jared Kushner is the Chief Executive Officer of A Fin and the controlling owner of the GP and the Co-Invest GP. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Affinity QXO. Mr. Kushner disclaims beneficial ownership over these shares.
- F5. Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
- F6. On May 12, 2025, the Reporting Person was granted RSUs that vested and settled in full on the date of the Issuer's 2026 Annual Meeting of Stockholders.
- F7. The Reporting Person has agreed to transfer the shares of Common Stock underlying the RSUs that vest and settle to certain of the Affinity Funds. The Reporting Person disclaims beneficial ownership over the shares underlying the RSUs.
- F8. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director of the Issuer.
Key Figures
Affinity QXO 1 LLC holdings: 16,260,163 shares
Affinity Partners Parallel Fund I LP holdings: 16,247,069 shares
Affinity Partners Fund I LP holdings: 164,310 shares
+3 more
6 metrics
Affinity QXO 1 LLC holdings
16,260,163 shares
Common stock held indirectly via Affinity QXO 1 LLC
Affinity Partners Parallel Fund I LP holdings
16,247,069 shares
Common stock held indirectly via Parallel Fund I
Affinity Partners Fund I LP holdings
164,310 shares
Common stock held indirectly via Fund I
RSUs exercised into common stock
12,111 shares at $0.0000
Exercise of RSUs into common stock on 2026-05-05
Direct common shares after exercise
26,634 shares
Kushner’s directly held QXO common stock after exercise
New RSU grant
9,274 RSUs
Grant vesting at QXO 2027 Annual Meeting of Stockholders
Key Terms
restricted stock unit ("RSU"), beneficial ownership, voting and dispositive power, Annual Meeting of Stockholders, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
beneficial ownership financial
"Accordingly, Mr. Kushner may be deemed to share voting and dispositive power... disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and dispositive power financial
"may be deemed to share voting and dispositive power over the shares held directly"
Annual Meeting of Stockholders financial
"vested and settled in full on the date of the Issuer's 2026 Annual Meeting of Stockholders"
investment manager financial
"A Fin Management LLC ("A Fin") is the investment manager of the GP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Jared Kushner report in QXO (QXO) Form 4?
Jared Kushner reported equity awards, not open-market trades. He exercised 12,111 restricted stock units into common shares at no cost and received a new grant of 9,274 RSUs, which will convert into shares when they vest, subject to service conditions.
What new restricted stock units did Jared Kushner receive from QXO (QXO)?
Kushner received a grant of 9,274 restricted stock units. Each RSU represents a contingent right to one QXO common share. These RSUs vest in full on the date of QXO’s 2027 Annual Meeting of Stockholders, provided he continues serving as a director through that meeting.
When did Jared Kushner’s earlier QXO RSU grant vest and settle?
An earlier RSU grant to Kushner vested and settled in 2026. RSUs granted on May 12, 2025 vested and settled in full on the date of QXO’s 2026 Annual Meeting of Stockholders, delivering common shares that he has agreed to transfer to certain Affinity funds.