Cassity Wendy 4

What Happened Wendy Cassity, Chief Legal Officer of XPO, was granted 2,277 restricted stock units (RSUs) on 2026-03-02. The RSUs were issued at a $0.00 purchase price (award), so no cash was exchanged; the reported value in the filing is $0. These RSUs are derivative awards that convert to company shares (or cash equal to share value) upon settlement.

Key Details

• Transaction date: 2026-03-02; filing date: 2026-03-03 (timely filing).
• Transaction type/code: Award/Grant (A) of 2,277 RSUs at $0.00 (derivative).
• Vesting: RSUs vest in three equal annual installments on March 15, 2027, March 15, 2028 and March 15, 2029, subject to continued employment.
• Footnote: Each RSU represents the contingent right to receive either one share of common stock or a cash payment equal to the fair market value of one share upon settlement.
• Shares owned after transaction: not disclosed in the provided filing.

Context This was a compensation award (RSUs), not an open-market purchase or sale. Such grants are routine for executive compensation and do not by themselves indicate buying or selling sentiment. The award vests over three years, so any eventual receipt of shares depends on continued employment and the settlement terms.