[144] XPO, Inc. SEC Filing
XPO, Inc. filed a Form 144 Notice indicating a proposed sale of 3,250 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $438,869.93. The filing shows the shares were issued as restricted stock: 1,090 shares acquired 01/02/2024 and 2,160 shares acquired 01/02/2025, with payment dates matching acquisition dates and described as Not Applicable for non-cash consideration. The filer reports 117,762,083 shares outstanding for the issuer and notes no securities sold in the past three months by the reporting person. The notice includes the required attestation that the seller is not aware of undisclosed material adverse information about the issuer.
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Insights
TL;DR: Routine Rule 144 filing for a small insider sale; provides transparency but appears immaterial to company valuation.
The Form 144 documents a proposed sale of 3,250 shares with an aggregate market value of $438,869.93 executed through Morgan Stanley Smith Barney on the NYSE. The shares were received as restricted stock in two tranches on 01/02/2024 and 01/02/2025. The filing discloses total outstanding shares of 117,762,083, which implies the proposed sale represents a very small fraction of outstanding stock. There are no reported sales by the filer in the prior three months. From a market-impact perspective this notice is primarily a compliance and disclosure item rather than a material corporate event.
TL;DR: Compliance-focused disclosure showing vested restricted shares being offered for sale; attestation included as required.
The form shows the seller acquired the securities as restricted stock from the issuer and is following Rule 144 procedures by filing this notice. The filing includes the standard attestation that the seller is unaware of any undisclosed material adverse information. There are no indications in the filing of plan adoption dates or 10b5-1 instructions. This appears to be routine insider reporting consistent with governance and disclosure obligations.