Firestone Jeffrey D. 4

What Happened Jeffrey D. Firestone, Chief Legal Officer of RXO, had 8,957 restricted stock units (RSUs convertibles) settle on Feb 28, 2026. All 8,957 RSUs converted into shares (reported as derivative conversion/exercise). To cover tax withholding, 3,891 of those shares were withheld by the issuer at a withholding price of $15.96 per share, totaling $62,100. Net shares added to Firestone’s holdings from this vesting were 5,066 shares (8,957 settled − 3,891 withheld).

Key Details

• Transaction date: 2026-02-28; Form 4 filed 2026-03-03 (no indication in the filing of a late report).
• Conversion/settlement: 8,957 RSUs converted into 8,957 shares (transaction code M).
• Tax withholding: 3,891 shares withheld (transaction code F) at $15.96/share = $62,100.
• Net shares received: 5,066 shares added to beneficial ownership.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: withholding was done by the issuer to fund tax liability (no open-market sale); each RSU represents a right to one share (or cash in lieu); RSUs vest in three equal annual installments and are generally subject to continued employment.

Context This was a routine vesting/settlement of RSUs with net-share withholding to cover taxes (a common, non-discretionary practice). No open-market sale by the reporting person was reported, so this filing does not indicate an insider-initiated sale.