J. Wes Frye - 02 Jan 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role: Director
Signature: /s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol: XPO
Transactions as of: 02 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2024, 16:17:27 UTC
Previous filing: 08 Nov 2023
Next filing: 06 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XPO	Common Stock	Options Exercise	$0	+4,447	+148%	$0.000000	7,447	02 Jan 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	-4,447	-100%	$0.000000^*	0	02 Jan 2024	Common Stock	4,447		Direct	F2, F3
transaction	XPO	Restricted Stock Unit	Award	$0	+2,160		$0.000000	2,160	02 Jan 2024	Common Stock	2,160		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.