RXO (RXO) CLO converts RSUs, 11,172 shares withheld for taxes
Rhea-AI Filing Summary
RXO, Inc. reported that Chief Legal Officer Jeffrey D. Firestone settled vested Restricted Stock Units (RSUs) into common stock. On 2026-08-22, 25,716 RSUs were exercised into 25,716 shares of RXO common stock. In connection with this vesting and settlement, 11,172 shares of common stock were withheld by RXO at $22.54 per share to fund the related tax liability; no shares were sold in the market and there were no discretionary transactions or open-market sales. Following the RSU conversion, Firestone directly holds 109,178 RSUs representing additional contingent rights to common stock or cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,544 shares
Net Buy
3 txns
Insider
Firestone Jeffrey D.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 25,716 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,716 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 11,172 | $22.54 | $252K |
Holdings After Transaction:
Restricted Stock Unit — 109,178 shares (Direct);
Common Stock — 117,276 shares (Direct)
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 on the first five anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
Key Figures
RSUs exercised: 25,716 RSUs
Shares withheld for taxes: 11,172 shares
Withholding price per share: $22.54 per share
+2 more
5 metrics
RSUs exercised
25,716 RSUs
RSUs converted into common stock on 2026-08-22
Shares withheld for taxes
11,172 shares
Common shares withheld to fund tax liability on 2026-08-22
Withholding price per share
$22.54 per share
Price used for shares withheld for tax liability
RSUs held after transaction
109,178 RSUs
Direct RSU holdings following the reported RSU conversion
RSU vesting schedule
First five anniversaries of the grant date
RSUs vest annually over five years, subject to continued employment
Key Terms
Restricted Stock Unit, vesting and settlement, tax liability, contingent right
4 terms
Restricted Stock Unit financial
"These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting and settlement financial
"to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units"
tax liability financial
"These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement"
contingent right financial
"Each RSU represents a contingent right to receive, upon settlement, either (i) one share"
FAQ
What insider transaction did RXO (RXO) disclose for Jeffrey D. Firestone?
RXO disclosed that Chief Legal Officer Jeffrey D. Firestone settled 25,716 Restricted Stock Units into 25,716 shares of common stock on 2026-08-22, as part of a scheduled RSU vesting and settlement.
What RSU position does Jeffrey D. Firestone have after the reported RXO (RXO) transaction?
After the reported transaction, Jeffrey D. Firestone directly holds 109,178 Restricted Stock Units (RSUs), each representing a contingent right to one share of RXO common stock or a cash payment equal to its fair market value.
How do the reported RSUs for RXO (RXO) vest for Jeffrey D. Firestone?
The filing states that the RSUs vest on the first five anniversaries of the grant date, generally subject to Jeffrey D. Firestone’s continued employment with RXO through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.