S. Jacobs Bradley - 15 Mar 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role: Executive Chairman, Director
Signature: /s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol: XPO
Transactions as of: 15 Mar 2024
Net transactions value: -$522,654
Form type: 4
Filing time: 19 Mar 2024, 17:01:03 UTC
Previous filing: 04 Mar 2024
Next filing: 23 May 2024
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	+9,193	+2.2%	$0.000000	419,749	15 Mar 2024	Direct
transaction	XPO	Common Stock	Tax liability	$522,654	-4,261	-1%	$122.66	415,488	15 Mar 2024	Direct
holding	XPO	Common Stock						1,300,701	15 Mar 2024	See footnote	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	-9,193	-33%	$0.000000	18,386	15 Mar 2024	Common Stock	9,193		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Jacobs Private Equity, LLC is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of Jacobs Private Equity, LLC.
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	These RSUs vest in three equal annual installments on March 15, 2024, March 15, 2025 and March 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.