Kyle Wismans - Nov 14, 2023 Form 4 Insider Report for XPO, Inc. (XPO)

Role: Chief Financial Officer
Signature: /s/ Wendy Cassity, Attorney-in-Fact
Stock symbol: XPO
Transactions as of: Nov 14, 2023
Transactions value $: -$55,565
Form type: 4
Date filed: 11/16/2023, 04:40 PM
Previous filing: Aug 16, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XPO	Common Stock	Options Exercise	$0	+1.25K	+5.46%	$0.00	24.2K	Nov 14, 2023	Direct
transaction	XPO	Common Stock	Tax liability	-$55.6K	-640	-2.65%	$86.82	23.6K	Nov 14, 2023	Direct

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	XPO	Restricted Stock Unit	Options Exercise	$0	-1.25K	-50.02%	$0.00	1.25K	Nov 14, 2023	Common Stock	1.25K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	1,253 of these RSUs vested on November 14, 2023, 626 RSUs shall vest on November 14, 2024, and 626 RSUs shall vest on November 14, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.