Jason S. Kerr - Feb 23, 2024 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Chief Accounting Officer
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Stock symbol
RXO
Transactions as of
Feb 23, 2024
Transactions value $
-$38,928
Form type
4
Date filed
2/27/2024, 04:47 PM
Previous filing
Oct 5, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +5.26 K +6.39% $0.00 87.6 K Feb 23, 2024 Direct
transaction RXO Common Stock Tax liability -$38.9 K -1.81 K -2.07% $21.46 85.7 K Feb 23, 2024 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 -5.26 K -33.34% $0.00 10.5 K Feb 23, 2024 Common Stock 5.26 K Direct F2, F3

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 vest in three equal annual installments on the first, second and third anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.