Sean Christopher Smith - Jul 30, 2024 Form 4 Insider Report for QXO, Inc. (QXO)

Signature
/s/ Christopher Signorello, as Attorney-in-fact
Stock symbol
QXO
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 09:52 PM
Previous filing
Jul 29, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QXO Restricted Stock Unit Award $0 +1.04M $0.00 1.04M Jul 30, 2024 Common Stock 1.04M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive, upon settlement, one share of Common Stock.
F2 The RSUs vest in five installments of 15% on December 31, 2025, 17.5% on December 31, 2026, 17.5% on December 31, 2027, 25% on December 31, 2028 and 25% on December 31, 2029, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Remarks:

Title: Chief Accounting Officer and Deputy Chief Financial Officer