XPO (NYSE: XPO) CAO RSUs vest, 2,736 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
XPO, Inc. Chief Accounting Officer Christopher Michael Brown received a grant of 5,904 restricted stock units that vested after performance goals were certified on March 10, 2026. These RSUs were converted into 5,904 shares of common stock, of which 2,736 shares were withheld at $194.68 per share to cover tax obligations, leaving Brown with 34,627 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,904 shares exercised/converted
Mixed
4 txns
Insider
Brown Christopher Michael
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,904 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 5,904 | $0.00 | -- |
| Exercise | Common Stock | 5,904 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,736 | $194.68 | $533K |
Holdings After Transaction:
Restricted Stock Unit — 5,904 shares (Direct);
Common Stock — 37,363 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("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. On March 6, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026.
FAQ
What insider transaction did XPO (XPO) report for Christopher Michael Brown?
XPO reported that Chief Accounting Officer Christopher Michael Brown had 5,904 performance-based restricted stock units vest and convert into common shares. A portion of these shares was withheld to satisfy tax obligations associated with the vesting event.
What are the performance conditions tied to Brown’s XPO restricted stock units?
The restricted stock units granted to Christopher Michael Brown on March 6, 2023 were subject to predetermined performance criteria and his continued employment. On March 10, 2026, the board’s Compensation and Human Capital Committee certified that these performance conditions were fully satisfied, triggering vesting.