GXO (NYSE: GXO) CFO logs RSU vesting, tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GXO Logistics, Inc. Chief Financial Officer Oran Baris reported routine equity compensation activity involving restricted stock units and common stock. On March 7, 2026, multiple blocks of RSUs were exercised into a total of 11,376 shares of common stock at a conversion price of $0.00 per share, reflecting scheduled vesting.
On March 9, 2026, 5,273 shares of common stock were withheld by GXO at $55.76 per share to cover tax liability tied to this RSU vesting, with no open‑market sale and no discretionary trading. After these transactions, Baris directly held 36,430 shares of GXO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,376 shares exercised/converted
Mixed
7 txns
Insider
Oran Baris
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,273 | $55.76 | $294K |
| Exercise | Restricted Stock Units | 2,692 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,763 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,921 | $0.00 | -- |
| Exercise | Common Stock | 2,692 | $0.00 | -- |
| Exercise | Common Stock | 3,763 | $0.00 | -- |
| Exercise | Common Stock | 4,921 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,430 shares (Direct);
Restricted Stock Units — 2,691 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 four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. 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 GXO.
FAQ
What did GXO (GXO) CFO Oran Baris report in this Form 4 filing?
The Form 4 shows CFO Oran Baris had restricted stock units vest and convert into common shares, followed by share withholding to cover related tax obligations. These are routine compensation-driven transactions, not open-market buying or selling of GXO stock.
How do the RSU awards for GXO (GXO) CFO vest over time?
The footnotes explain different RSU grants vest annually in equal installments on March 7 across years such as 2024, 2025, 2026, 2027, and 2028. Continued employment with GXO is required for each remaining installment to vest under these award terms.