Mario A. Harik - 31 Dec 2023 Form 4 Insider Report for XPO, Inc. (XPO)

Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
31 Dec 2023
Net transactions value
-$821,857
Form type
4
Filing time
03 Jan 2024, 16:21:48 UTC
Previous filing
30 Mar 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +19,406 +16% $0.000000 142,954 31 Dec 2023 Direct
transaction XPO Common Stock Sale $821,857 -9,383 -6.6% $87.59 133,571 31 Dec 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 -19,406 -100% $0.000000* 0 31 Dec 2023 Common Stock 19,406 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 These RSUs vested in full on December 31, 2023.

Remarks:

See Exhibit 24, Power of Attorney, attached.