4//SEC Filing
Essaid Ihsan 4
Accession 0000950142-26-000188
CIK 0001236275other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:25 PM ET
Size
10.5 KB
Accession
0000950142-26-000188
Insider Transaction Report
Form 4
QXO, Inc.QXO
Essaid Ihsan
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, $0.00001 par value
2026-01-15+319,920→ 497,532 total - Tax Payment
Common Stock, $0.00001 par value
[F1]2026-01-15$25.52/sh−148,650$3,793,548→ 348,882 total - Exercise/Conversion
Performance Stock Units
[F2][F3][F4]2026-01-15−319,920→ 995,313 total→ Common Stock (319,920 underlying)
Footnotes (4)
- [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 Performance Stock Units ("PSUs") reported on this Form 4. There were no related discretionary transactions or open market sales.
- [F2]Each PSU represents a contingent right to receive one share of Common Stock.
- [F3]The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over, for 50% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2028, for 12.5% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2025 ("Initial Period"), for 12.5% of the PSUs, a one-year performance period ending on December 31, 2026, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2027, and for 12.5% of the PSUs, a one-year performance period ending on December 31, 2028, in each case, relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.
- [F4]On the Transaction Date, the Compensation and Talent Committee of the Board of Directors of the Issuer certified that the performance goals were achieved at 225% of the target level for the Initial Period. The shares set forth in column 7 reflect the total number of shares earned, including 177,733 shares in excess of the target amount. The after-tax shares received upon settlement of the PSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2029.
Signature
/s/ Christopher Signorello, as Attorney-in-Fact|2026-01-20
Documents
Issuer
QXO, Inc.
CIK 0001236275
Entity typeother
Related Parties
1- filerCIK 0002030584
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 4:25 PM ET
- Size
- 10.5 KB