Home/Filings/4/0000950142-25-001390
4//SEC Filing

Kushner Jared Corey 4

Accession 0000950142-25-001390

CIK 0001236275other

Filed

May 13, 8:00 PM ET

Accepted

May 14, 8:59 PM ET

Size

14.7 KB

Accession

0000950142-25-001390

Insider Transaction Report

Form 4
Period: 2025-05-12
Transactions
  • Award

    Restricted Stock Units

    2025-05-12+12,11112,111 total
    Common Stock (12,111 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2025-05-1214,5230 total
    Common Stock (14,523 underlying)
  • Exercise/Conversion

    Common Stock, $0.00001 par value

    2025-05-12+14,52314,523 total
Holdings
  • Common Stock, $0.00001 par value

    (indirect: See footnote)
    16,260,163
  • Common Stock, $0.00001 par value

    (indirect: See footnote)
    16,247,069
  • Common Stock, $0.00001 par value

    (indirect: See footnote)
    164,310
Footnotes (8)
  • [F1]The Reporting Person has agreed to transfer the shares of Common Stock to certain of the Affinity Funds (as defined below). The Reporting Person disclaims beneficial ownership over these shares.
  • [F2]Represents 16,247,069 shares held directly by Affinity Partners Parallel Fund I LP ("Parallel Fund I"). Affinity Partners GP LP ("GP") is the general partner of Parallel Fund I. A Fin Management LLC ("A Fin") is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Parallel Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
  • [F3]Represents 164,310 shares held directly by Affinity Partners Fund I LP ("Fund I"). GP is the general partner of Fund I. A Fin is the investment manager of the GP. Jared Kushner is the Chief Executive Officer of A Fin. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Fund I. Mr. Kushner disclaims beneficial ownership over these shares.
  • [F4]Represents 16,260,163 shares held directly by Affinity QXO 1 LLC ("Affinity QXO"). Affinity QXO is owned by Fund I, Parallel Fund I, Affinity Partners Fund I Co-Invest Delta LP ("Delta"), Affinity Partners Fund I Co-Invest Delta II LP ("Delta II"), Affinity Partners Fund I Co-Invest Sigma LP ("Sigma") and Affinity Partners Fund I Co-Invest Sigma II LP ("Sigma II", together with Fund I, Parallel Fund I, Delta, Delta II and Sigma, the "Affinity Funds"). GP is the general partner of Fund I and Parallel Fund I. Affinity Partners Fund I Co-Invest GP LP ("Co-Invest GP") is the general partner of Delta, Delta II, Sigma and Sigma II. A Fin is the investment manager of the Affinity Funds. Jared Kushner is the Chief Executive Officer of A Fin and the controlling owner of the GP and the Co-Invest GP. Accordingly, Mr. Kushner may be deemed to share voting and dispositive power over the shares held directly by Affinity QXO. Mr. Kushner disclaims beneficial ownership over these shares.
  • [F5]Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
  • [F6]The RSUs vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director of the Issuer.
  • [F7]On July 30, 2024, the Reporting Person was granted RSUs that vested and settled in full on the date of the Issuer's 2025 Annual Meeting of Stockholders.
  • [F8]The Reporting Person has agreed to transfer the shares of Common Stock underlying the RSUs that vest and settle to certain of the Affinity Funds. The Reporting Person disclaims beneficial ownership over the shares underlying the RSUs.

Issuer

QXO, Inc.

CIK 0001236275

Entity typeother

Related Parties

1
  • filerCIK 0002031474

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:59 PM ET
Size
14.7 KB