Signorello Christopher J. 4
Research Summary
AI-generated summary
QXO CLO Christopher Signorello Receives 13,761 RSU Award
What Happened
Christopher J. Signorello, Chief Legal Officer of QXO, Inc. (QXO), was granted 13,761 restricted stock units (RSUs) on 2026-03-06. The RSUs are a derivative award (reported as acquisition code "A") showing 13,761 units acquired at $0.00 per unit (no cash paid at grant). These RSUs represent a contingent right to receive one share of QXO common stock per RSU upon settlement.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (timely filing).
- Transaction type/code: Grant/Award (A); amount: 13,761 RSUs; price: $0.00 per unit (derivative).
- Vesting: 50% of the RSUs vest on the second anniversary of the grant date and 50% on the fourth anniversary, generally subject to continued employment (Footnotes F1–F2).
- Shares owned after transaction: Not specified on the Form 4.
- Filing shows this is a compensation award, not an open‑market purchase or sale.
Context
RSUs are a common form of equity compensation; they do not represent immediately owned shares until settled/vested. This grant is a compensation event (not a sale), so it signals standard executive equity compensation rather than an insider buying or selling shares.