XPO (XPO) CFO Wismans vests 14,762 RSUs and withholds shares for taxes
Rhea-AI Filing Summary
XPO, Inc. Chief Financial Officer Kyle Wismans reported compensation-related stock activity involving restricted stock units (RSUs). On
Each RSU represents a right to receive either one share of common stock or a cash amount equal to its fair market value. The vested RSUs were exercised into 14,762 shares of common stock. Of these, 7,537 shares were withheld at
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FAQ
What insider transactions did XPO (XPO) CFO Kyle Wismans report?
Kyle Wismans reported the vesting and exercise of 14,762 restricted stock units into common shares. A portion of the resulting shares was withheld to satisfy tax obligations, making this a routine compensation and tax-withholding event rather than an open-market purchase or sale.
How many XPO (XPO) restricted stock units vested for the CFO?
A total of 14,762 restricted stock units vested for XPO’s Chief Financial Officer. These RSUs became earned after the Compensation and Human Capital Committee confirmed that specific performance criteria had been met, triggering 100% vesting effective on
Were any of the XPO (XPO) CFO’s shares sold on the open market?
The filing shows 7,537 common shares disposed of under code F, which reflects shares withheld to cover tax liabilities. This is not an open-market sale, but a standard mechanism to satisfy taxes when equity awards vest or are exercised.
What is the XPO (XPO) CFO’s direct common stock holding after these transactions?
Following the RSU vesting, exercise, and tax-withholding transactions, Kyle Wismans directly holds 44,679 shares of XPO common stock. This figure reflects his updated direct ownership after the company withheld shares to cover associated tax obligations.
At what price were XPO (XPO) shares used for the CFO’s tax withholding?
The 7,537 common shares withheld to cover tax obligations were valued at
What performance conditions triggered the XPO (XPO) CFO’s RSU vesting?
The RSUs were originally granted on