J. Wes Frye - Jan 2, 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Director
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 04:17 PM
Previous filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +4.45K +148.23% $0.00 7.45K Jan 2, 2024 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 XPO Restricted Stock Unit Options Exercise $0 -4.45K -100% $0.00* 0 Jan 2, 2024 Common Stock 4.45K Direct F2, F3
transaction XPO Restricted Stock Unit Award $0 +2.16K $0.00 2.16K Jan 2, 2024 Common Stock 2.16K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,000 of these securities are held in the Reporting Person's individual retirement account.
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 vested in full on January 2, 2024.
F4 The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of the Issuer.