Christopher Michael Brown - Mar 15, 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Signature
/s/ Wendy Cassity, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Mar 15, 2024
Transactions value $
-$94,080
Form type
4
Date filed
3/19/2024, 05:10 PM
Previous filing
Mar 11, 2024
Next filing
Nov 18, 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 +6.32% $0.00 27.9K Mar 15, 2024 Direct
transaction XPO Common Stock Tax liability -$94.1K -767 -2.75% $122.66 27.1K Mar 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 -1.66K -33.34% $0.00 3.31K Mar 15, 2024 Common Stock 1.66K 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 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.