S. JACOBS BRADLEY - 15 Jan 2026 Form 4 Insider Report for QXO, Inc. (QXO)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Christopher Signorello, as Attorney-in-Fact
Issuer symbol: QXO
Transactions as of: 15 Jan 2026
Net transactions value: -$23,688,659
Form type: 4
Filing time: 20 Jan 2026, 16:27:52 UTC
Previous filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BRADLEY S JACOBS	Chief Executive Officer, Director, 10%+ Owner	C/O QXO, INC., FIVE AMERICAN LANE, GREENWICH	/s/ Christopher Signorello, as Attorney-in-Fact	20 Jan 2026	0001054518

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QXO	Common Stock, $0.00001 par value	Options Exercise	$0	+2,001,888	+649%	$0.000000	2,310,322	15 Jan 2026	Direct
transaction	QXO	Common Stock, $0.00001 par value	Tax liability	$23,688,659	-928,239	-40%	$25.52	1,382,083	15 Jan 2026	Direct	F1

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	Performance Stock Units	Options Exercise	$0	-2,001,888	-24%	$0.000000	6,228,100	15 Jan 2026	Common Stock	2,001,888		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Performance Stock Units ("PSUs") reported on this Form 4. There were no related discretionary transactions or open market sales.
F2	Each PSU represents a contingent right to receive one share of Common Stock.
F3	The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over, for 50% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2028, for 12.5% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2025 ("Initial Period"), for 12.5% of the PSUs, a one-year performance period ending on December 31, 2026, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2027, and for 12.5% of the PSUs, a one-year performance period ending on December 31, 2028, in each case, relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.
F4	On the Transaction Date, the Compensation and Talent Committee of the Board of Directors of the Issuer certified that the performance goals were achieved at 225% of the target level for the Initial Period. The shares set forth in column 7 reflect the total number of shares earned, including 1,112,160 shares in excess of the target amount. The after-tax shares received upon settlement of the PSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2029.