Christopher Michael Brown - Mar 7, 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Chief Accounting Officer
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Mar 7, 2024
Transactions value $
-$138,321
Form type
4
Date filed
3/11/2024, 07:21 PM
Previous filing
Mar 4, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +1.66K +6.65% $0.00 26.6K Mar 7, 2024 Direct
transaction XPO Common Stock Tax liability -$98.4K -769 -2.89% $127.97 25.8K Mar 7, 2024 Direct
transaction XPO Common Stock Options Exercise $0 +702 +2.72% $0.00 26.5K Mar 10, 2024 Direct
transaction XPO Common Stock Tax liability -$39.9K -326 -1.23% $122.43 26.2K Mar 10, 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 -1.66K -33.34% $0.00 3.32K Mar 7, 2024 Common Stock 1.66K Direct F1, F2
transaction XPO Restricted Stock Unit Options Exercise $0 -702 -50.04% $0.00 701 Mar 10, 2024 Common Stock 702 Direct F1, F3
* 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 March 7, 2024, March 7, 2025 and March 7, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3 These RSUs vest in two equal annual installments on March 10, 2024 and March 10, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.