XPO (XPO) director Michael G. Jesselson reports RSU vesting and new grant
Rhea-AI Filing Summary
XPO, Inc. director Michael G. Jesselson reported equity transactions and updated holdings. On January 2, 2026, he exercised 1,374 restricted stock units (RSUs), receiving the same number of XPO common shares at a reported price of $138.79 per share. Following this, he directly owned 62,873 common shares, with additional indirect holdings through various family trusts, an individual retirement account, and his spouse.
On the same date, Jesselson was also awarded a new grant of 1,357 RSUs at no exercise price. The vested RSUs converted into common stock in full on January 2, 2026, while the new RSUs are scheduled to vest in full on January 4, 2027, subject to his continued service as a director. The filing details how multiple trusts and family accounts beneficially own XPO shares for which he serves as trustee or beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,374 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1,357 | $0.00 | -- |
| Exercise | Common Stock | 1,374 | $138.79 | $191K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 5,000 of these securities are held an individual retirement account of Michael G. Jesselson. The Michael G. Jesselson and Linda Jesselson, Trustees UID 6/30/93 FBO Maya Ariel Ruth Jesselson is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust. These securities are held by the JJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee. Michael G. Jesselson's spouse is the direct beneficial owner of these securities. These securities are held by the RAJ Irrevocable Trust, of which Michael G. Jesselson is a trustee. The Michael G. Jesselson 12/18/80 Trust and the Michael G. Jesselson 4/8/71 Trust are the direct beneficial owners of these securities. Michael G. Jesselson is the beneficiary of each of these trusts. These securities are held by the SJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee. 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. The RSUs vested in full on January 2, 2026. The RSUs shall vest in full on January 4, 2027, subject to the Reporting Person's continued service as a director of the Issuer.
FAQ
What insider transaction did XPO (XPO) report for Michael G. Jesselson?
Michael G. Jesselson, a director of XPO, Inc., reported exercising 1,374 restricted stock units on January 2, 2026, which converted into 1,374 shares of XPO common stock at a reported price of $138.79 per share.
What new equity award did XPO grant to director Michael G. Jesselson?
On January 2, 2026, Michael G. Jesselson received a new grant of 1,357 restricted stock units (RSUs) with an exercise price of $0. These RSUs represent a contingent right to receive either one share of XPO common stock or a cash payment equal to the fair market value of one share upon settlement.
When do Michael G. Jesselson’s XPO restricted stock units vest?
The RSUs reported as exercised vested in full on January 2, 2026. The newly granted 1,357 RSUs are scheduled to vest in full on January 4, 2027, subject to his continued service as a director of XPO, Inc.
What indirect XPO (XPO) holdings are associated with Michael G. Jesselson?
Indirect holdings reported include shares held in an individual retirement account of Michael G. Jesselson, multiple family and irrevocable trusts where he serves as trustee or beneficiary, and shares directly owned by his spouse. These accounts collectively hold several blocks of XPO common stock, including a trust position of 201,001 shares.
What does each restricted stock unit (RSU) for XPO represent in this filing?
Each XPO restricted stock unit represents a contingent right to receive, upon settlement, either one share of XPO common stock or a cash payment equal to the fair market value of one share of common stock.