MFN Partners, LP - Nov 13, 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Role
10%+ Owner
Signature
MFN PARTNERS, LP, By: /s/ Jonathan Reisman, Name: Jonathan Reisman, Title: Authorized Person
Stock symbol
RXO
Transactions as of
Nov 13, 2023
Transactions value $
$3,293,164
Form type
4
Date filed
11/15/2023, 07:59 PM
Previous filing
Aug 1, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Purchase $554K +30.5K +0.24% $18.15 12.7M Nov 13, 2023 Direct F2
transaction RXO Common Stock Purchase $772K +39.5K +0.31% $19.56 12.7M Nov 14, 2023 Direct F1, F2
transaction RXO Common Stock Purchase $1.97M +100K +0.78% $19.67 12.8M Nov 15, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $19.41 to $19.96. The Reporting Persons undertake to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. Farhad Nanji and Michael F. DeMichele are managing members of MFN GP and MFN LLC. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest, if any, therein.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $19.60 to $19.74. The Reporting Persons undertake to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.