Kyle Wismans - Feb 15, 2024 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
Feb 15, 2024
Transactions value $
-$250,674
Form type
4
Date filed
2/20/2024, 06:28 AM
Previous filing
Dec 12, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +3.97K +15.74% $0.00 29.2K Feb 15, 2024 Direct
transaction XPO Common Stock Tax liability -$251K -2.07K -7.09% $121.04 27.1K Feb 15, 2024 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 -3.97K -33.33% $0.00 7.95K Feb 15, 2024 Common Stock 3.97K 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 vest in three equal annual installments on February 15, 2024, February 15, 2025 and February 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.