RXO (NYSE: RXO) CAO nets shares after RSU vesting tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RXO, Inc. Chief Accounting Officer Jason S. Kerr reported routine equity activity tied to restricted stock units (RSUs). On February 23, 2026, 5,257 RSUs were exercised and converted into 5,257 shares of common stock at $0.00 per share as part of a scheduled vesting and settlement. To cover tax liabilities from this vesting, 2,563 common shares were withheld by RXO at $14.66 per share; no shares were sold on the open market and there were no discretionary trades. Following these transactions, Kerr directly holds 46,252 shares of common stock and 13,048 RSUs, which generally vest in three equal annual installments subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,257 shares exercised/converted
Mixed
3 txns
Insider
Kerr Jason S.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,257 | $0.00 | -- |
| Exercise | Common Stock | 5,257 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,563 | $14.66 | $38K |
Holdings After Transaction:
Restricted Stock Unit — 13,048 shares (Direct);
Common Stock — 48,815 shares (Direct)
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 as originally scheduled, and there were no related discretionary transactions or open market sales. 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. 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. Includes 2,883 RSUs previously reported separately in Table II in the Reporting Person's Form 4 filed on March 4, 2025.
FAQ
What insider transactions did RXO (RXO) disclose for Jason S. Kerr?
RXO reported that Chief Accounting Officer Jason S. Kerr had 5,257 restricted stock units vest and convert into common shares. To satisfy related tax obligations, 2,563 shares were withheld by RXO, with no discretionary or open-market sales reported in this Form 4 filing.
What RSU vesting activity did RXO (RXO) report for Jason S. Kerr?
RXO reported that 5,257 restricted stock units vested and were settled into 5,257 common shares on February 23, 2026. These RSUs vested as originally scheduled, consistent with their terms, and were not part of any discretionary trading or open market sale activity by the officer.
How do Jason S. Kerr’s RXO (RXO) RSUs vest over time?
The restricted stock units generally vest in three equal annual installments on the first, second, and third anniversaries of the grant date. Vesting is typically conditioned on Jason S. Kerr’s continued employment with RXO through each applicable vesting date, as described in the filing footnotes.
What does each RXO (RXO) restricted stock unit represent for Jason S. Kerr?
Each restricted stock unit represents a contingent right to receive either one share of RXO common stock or a cash payment equal to the fair market value of one share. Actual settlement form—shares or cash—occurs upon vesting and is determined under the award’s terms.