XPO officer plans $1.43M stock sale
An XPO, Inc. officer filed a Rule 144 notice to sell 7,845 vested RSU shares, valued at about $1.43 million.
Rhea-AI Filing Summary
XPO, Inc. (XPO) received a Rule 144 notice from officer David Bates covering a planned sale of up to 7,845 shares of common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE and have an indicated aggregate value of $1,429,202.10. The securities were acquired from the issuer upon the vesting of restricted stock units on March 15, 2024, with vesting occurring during the period from March 15, 2024 through April 21, 2024. The notice is dated September 14, 2026.
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Key Figures
Shares to be sold: 7,845 shares
Aggregate value: $1,429,202.10
CUSIP: 117086465
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6 metrics
Shares to be sold
7,845 shares
Maximum number of XPO, Inc. common shares covered by the Rule 144 notice
Aggregate value
$1,429,202.10
Aggregate value of the 7,845 shares of XPO, Inc. common stock in the planned sale
CUSIP
117086465
Identifier associated with the XPO, Inc. common stock to be sold
Acquisition date
March 15, 2024
Date the restricted stock units vested and were acquired from the issuer
Vesting period
March 15, 2024 to April 21, 2024
Period during which the restricted stock units vested
Date of notice
September 14, 2026
Date on which the Rule 144 notice was dated
Key Terms
Rule 144, Restricted Stock Units
2 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 03/15/2024 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for XPO (XPO)?
It discloses that officer David Bates filed a Rule 144 notice to sell up to 7,845 shares of XPO, Inc. common stock, with an aggregate value of $1,429,202.10, to be sold through Morgan Stanley Smith Barney LLC on the NYSE.
When was the Rule 144 notice for XPO (XPO) dated?
The Rule 144 notice relating to the proposed sale of 7,845 shares of XPO, Inc. common stock by David Bates is dated September 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.