MFN Partners, LP - 06 Nov 2024 Form 4 Insider Report for QXO, Inc. (QXO)

Reporting relationship: 10%+ Owner
Issuer ticker: QXO
Reported as of: 06 Nov 2024
Net transaction value: -$105,350,000
SEC form: 4
Accepted by SEC: 08 Nov 2024, 16:20:37 UTC
Prior SEC filing: 25 Oct 2024
Next SEC filing: 09 Dec 2024
Source filing: View source filing
Reporting owner signature: MFN PARTNERS, LP, By: /s/ Jonathan Reisman, Name: Jonathan Reisman, Title: Authorized Person

Key filing fact

MFN Partners, LP filed Form 4 for QXO, Inc. (QXO) on 08 Nov 2024.

Key facts

This page summarizes MFN Partners, LP's Form 4 filing for QXO, Inc. (QXO).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 08 Nov 2024, 16:20.

Change

Previous filing in this sequence was filed on 25 Oct 2024.
Current net transaction value: -$105,350,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QXO transaction

Common Stock

Sale

Transaction value: $105,350,000
Shares: -7,000,000
Change %: -13%
Price: $15.05
Shares after: 46,908,701
Date: 06 Nov 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. Farhad Nanji and Michael F. DeMichele are managing members of MFN GP and MFN LLC. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest, if any, therein.