Johnny Clayton Taylor Jr. - 02 Jan 2025 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Director
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4
Filing time
06 Jan 2025, 17:01:45 UTC
Previous filing
03 Jan 2024
Next filing
05 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +4,040 +63% $0.000000 10,440 02 Jan 2025 Direct
transaction XPO Common Stock Options Exercise $0 +2,160 +21% $0.000000 12,600 02 Jan 2025 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 -4,040 -100% $0.000000 0 02 Jan 2025 Common Stock 4,040 Direct F1, F2
transaction XPO Restricted Stock Unit Options Exercise $0 -2,160 -100% $0.000000 0 02 Jan 2025 Common Stock 2,160 Direct F1, F3
transaction XPO Restricted Stock Units Award $0 +1,374 $0.000000 1,374 02 Jan 2025 Common Stock 1,374 Direct F1, F4
* 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 The RSUs vested in full on January 3, 2023 and were subject to a deferral election. On March 23, 2023, the Board of Directors of the Issuer terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after April 1, 2024 and no later than March 31, 2025. The RSUs were settled and Common Stock was delivered to the Reporting Person on January 2, 2025.
F3 The RSUs vested in full on January 2, 2025.
F4 The RSUs shall vest in full on January 2, 2026, subject to the Reporting Person's continued service as a director of the Issuer.