Wismans Kyle 4
4 · XPO, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
XPO CFO Kyle Wismans Receives 4,880 RSU Award
What Happened Kyle Wismans, Chief Financial Officer of XPO, Inc. (XPO), received a grant of 4,880 restricted stock units (RSUs) on 2026-03-02. The filing shows an acquisition-type transaction for 4,880 derivative units at $0.00 per unit. These RSUs do not represent immediate share ownership but are a contingent right to receive either shares of XPO common stock or a cash payment equal to the fair market value upon settlement.
Key Details
- Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (timely filing).
- Grant: 4,880 RSUs, acquisition price $0.00 (derivative award).
- Vesting: RSUs vest in three equal annual installments on March 15, 2027; March 15, 2028; and March 15, 2029, subject to continued employment.
- Settlement: Each RSU converts to one share of common stock or a cash payment equal to the share’s fair market value (per filing footnote).
- Shares owned after transaction: Not specified in the provided filing data.
- Transaction type code: A (award/grant); not a purchase or sale.
Context This is a standard compensation award rather than an open-market purchase or sale. RSU grants are commonly used to align executive compensation with shareholder value over time; they only become actual stock (or cash) if and when they vest and are settled. Because this is an award, it should not be read as a direct buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-02+4,880→ 4,880 total→ Common Stock (4,880 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
- [F2]These RSUs vest in three equal annual installments on March 15, 2027, March 15, 2028 and March 15, 2029, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.