GXO (NYSE: GXO) HR chief settles RSUs, stock withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics Chief Human Resources Officer Corinna Refsgaard reported routine equity compensation activity. On March 7, 2026, restricted stock units (RSUs) covering a total of 10,499 shares of common stock vested and were converted into GXO shares at no cash exercise price.
On March 9, 2026, 5,776 shares of common stock were withheld by GXO at $55.76 per share to cover tax obligations tied to this vesting. Footnotes state there were no discretionary transactions or open‑market sales. Following these events, Refsgaard holds 6,983 shares of GXO common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,499 shares exercised/converted
Mixed
5 txns
Insider
Refsgaard Corinna
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,776 | $55.76 | $322K |
| Exercise | Restricted Stock Units | 6,562 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,937 | $0.00 | -- |
| Exercise | Common Stock | 6,562 | $0.00 | -- |
| Exercise | Common Stock | 3,937 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,983 shares (Direct);
Restricted Stock Units — 13,124 shares (Direct)
Footnotes (1)
- No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested on March 7, 2026 and were settled on March 9, 2026, as originally scheduled, and there were no related discretionary transactions or open market sales. Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock These RSUs vest in three equal annual installments on March 7, 2026, March 7, 2027, and March 7, 2028, subject to the Reporting Person's continued employment with the GXO.
FAQ
What insider transactions did GXO (GXO) report for Corinna Refsgaard?
Corinna Refsgaard reported RSU vesting and related tax withholding. RSUs covering 10,499 shares of GXO common stock vested and converted, and 5,776 shares were withheld by GXO to pay tax liabilities tied to this compensation event.
What equity compensation changes did GXO (GXO) report for its CHRO?
GXO reported RSU vesting and conversion for its Chief Human Resources Officer. Restricted stock units representing 10,499 underlying shares of GXO common stock vested and were settled as scheduled, with part of the resulting shares withheld to cover associated tax liabilities.
What do the RSUs in the GXO (GXO) Form 4 represent for the insider?
Each RSU represents a contingent right to GXO stock or cash. The filing explains that every RSU can settle into one share of GXO common stock or a cash amount equal to its fair market value when vesting conditions are satisfied.