Andrew M. Wilkerson - Jun 30, 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Chief Executive Officer, Director
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Stock symbol
RXO
Transactions as of
Jun 30, 2023
Transactions value $
-$121,353
Form type
4
Date filed
7/3/2023, 06:44 PM
Previous filing
May 4, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +12.1K +25.58% $0.00 59.5K Jun 30, 2023 Direct
transaction RXO Common Stock Tax liability -$121K -5.35K -9% $22.67 54.1K Jun 30, 2023 Direct 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 RXO Restricted Stock Unit Options Exercise $0 -12.1K -2.02% $0.00 586K Jun 30, 2023 Common Stock 12.1K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled as originally scheduled, and there were no related discretionary transactions or open market sales.
F2 Each 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 The RSUs vested in full on June 30, 2023.