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.