Jared Corey Kushner - 25 Jul 2024 Form 4 Insider Report for QXO, Inc. (QXO)

Role
Director
Signature
/s/ Christopher Signorello, as Attorney-in-fact
Issuer symbol
QXO
Transactions as of
25 Jul 2024
Transactions value $
$64,999,997
Form type
4
Filing time
29 Jul 2024, 20:24:43 UTC
Previous filing
29 Jul 2024
Next filing
01 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QXO Common Stock, par value $0.00001 per share Award $64.3M +7.04M $9.14 7.04M 25 Jul 2024 See Footnote F1
transaction QXO Common Stock, par value $0.00001 per share Award $651K +71.2K $9.14 71.2K 25 Jul 2024 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 7,040,396 shares held directly by Affinity Partners Parallel Fund I LP ("Parallel Fund I"). Affinity Partners GP LP ("GP") is the general partner of Parallel Fund I. A Fin Management LLC ("A Fin") is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Parallel Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
F2 Represents 71,201 shares held directly by Affinity Partners Fund I LP ("Fund I"). GP is the general partner of Fund I. A Fin is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Fund I. Mr. Kushner disclaims beneficial ownership over these shares.