Allison Landry - 16 Jun 2023 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Director
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
16 Jun 2023
Net transactions value
-$85,120
Form type
4
Filing time
16 Jun 2023, 17:00:41 UTC
Previous filing
05 Jan 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock, par value $0.001 per share Sale $85,120 -1,600 -32% $53.20 3,360 16 Jun 2023 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
holding XPO Restricted Stock Unit 5,480 16 Jun 2023 Common Stock, par value $0.001 per share 5,480 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $53.16 to $53.26. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
F3 The RSUs shall vest in full on January 2, 2024, subject to the Reporting Person's continued service as a director of the Issuer.

Remarks:

See Exhibit 24, Power of Attorney, attached.