MFN Partners, LP - Feb 8, 2024 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: Feb 8, 2024
Transactions value $: $37,879,453
Form type: 4
Date filed: 2/12/2024, 04:15 PM
Previous filing: Feb 6, 2024
Next filing: Apr 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RXO	Common Stock	Purchase	$19.4M	+920K	+6.69%	$21.04	14.7M	Feb 8, 2024	Direct	F1, F2
transaction	RXO	Common Stock	Purchase	$18.5M	+913K	+6.22%	$20.29	15.6M	Feb 9, 2024	Direct	F2

* 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. 500,000 of the shares were purchased at $21.28 and 419,720 of the shares were purchased at $20.75.
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.

Content

The price reported in Column 4 is a weighted average price. 500,000 of the shares were purchased at $21.28 and 419,720 of the shares were purchased at $20.75.

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.