Jared Corey Kushner - May 12, 2025 Form 4 Insider Report for QXO, Inc. (QXO)

Role
Director
Signature
/s/ Christopher Signorello, as Attorney-in-Fact
Stock symbol
QXO
Transactions as of
May 12, 2025
Transactions value $
$0
Form type
4
Date filed
5/14/2025, 08:59 PM
Previous filing
May 1, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kushner Jared Corey Director C/O QXO, INC., FIVE AMERICAN LANE, GREENWICH /s/ Christopher Signorello, as Attorney-in-Fact 2025-05-14 0002031474

Transactions Table

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 Units Award $0 +12.1K $0.00 12.1K May 12, 2025 Common Stock 12.1K Direct F5, F6, F8
transaction QXO Restricted Stock Units Options Exercise $0 -14.5K -100% $0.00 0 May 12, 2025 Common Stock 14.5K Direct F5, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has agreed to transfer the shares of Common Stock to certain of the Affinity Funds (as defined below). The Reporting Person disclaims beneficial ownership over these shares.
F2 Represents 16,247,069 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.
F3 Represents 164,310 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.
F4 Represents 16,260,163 shares held directly by Affinity QXO 1 LLC ("Affinity QXO"). Affinity QXO is owned by Fund I, Parallel Fund I, Affinity Partners Fund I Co-Invest Delta LP ("Delta"), Affinity Partners Fund I Co-Invest Delta II LP ("Delta II"), Affinity Partners Fund I Co-Invest Sigma LP ("Sigma") and Affinity Partners Fund I Co-Invest Sigma II LP ("Sigma II", together with Fund I, Parallel Fund I, Delta, Delta II and Sigma, the "Affinity Funds"). GP is the general partner of Fund I and Parallel Fund I. Affinity Partners Fund I Co-Invest GP LP ("Co-Invest GP") is the general partner of Delta, Delta II, Sigma and Sigma II. A Fin is the investment manager of the Affinity Funds. Jared Kushner is the Chief Executive Officer of A Fin and the controlling owner of the GP and the Co-Invest GP. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Affinity QXO. Mr. Kushner disclaims beneficial ownership over these shares.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
F6 The RSUs vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director of the Issuer.
F7 On July 30, 2024, the Reporting Person was granted RSUs that vested and settled in full on the date of the Issuer's 2025 Annual Meeting of Stockholders.
F8 The Reporting Person has agreed to transfer the shares of Common Stock underlying the RSUs that vest and settle to certain of the Affinity Funds. The Reporting Person disclaims beneficial ownership over the shares underlying the RSUs.