RXO CLO converts RSUs; shares withheld for taxes
RXO, Inc. Chief Legal Officer Jeffrey D. Firestone reported equity award activity involving Restricted Stock Units and common stock.
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Rhea-AI Filing Summary
RXO, Inc. Chief Legal Officer Jeffrey D. Firestone reported equity award activity involving Restricted Stock Units and common stock. On February 28, 2026, he exercised or converted 8,957 Restricted Stock Units, receiving an equivalent 8,957 shares of common stock.
To cover tax liabilities from this vesting and settlement, 3,891 common shares were withheld by RXO at a price of $15.96 per share. The filing states that no shares were sold by Firestone, and there were no discretionary or open‑market transactions. After these events, he directly held 96,075 common shares and 146,665 Restricted Stock Units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,957 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,957 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,891 | $15.96 | $62K |
Footnotes (3)
- F1. 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 as originally scheduled, and there were no related discretionary transactions or open market sales.
- F2. Each RSU represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
- F3. The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RXO (RXO) report for Jeffrey D. Firestone?
What are the vesting terms for RXO (RXO) Restricted Stock Units held by the insider?
What are Jeffrey D. Firestone’s RXO (RXO) holdings after the reported Form 4 transactions?
How were taxes handled for the RXO (RXO) insider’s RSU vesting event?
AI-generated analysis. How Rhea-AI works. Not financial advice.