Brown Christopher Michael 4

What Happened
Christopher Michael Brown, Chief Accounting Officer of XPO, was granted 813 restricted stock units (RSUs) on March 2, 2026. The grant shows an acquisition price of $0.00 (a non-cash derivative award) — total immediate cash value reported is $0. These RSUs are a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-02; reported on Form 4 filed 2026-03-03 (appears timely).
• Grant: 813 RSUs at $0.00 per unit (derivative award, not a cash transaction).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: F1 — each RSU is a contingent right to receive either one share of common stock or a cash payment equal to the share’s fair market value; F2 — RSUs vest in three equal annual installments on Mar 15, 2027, Mar 15, 2028 and Mar 15, 2029, subject to continued employment.

Context
RSUs are typical long‑term compensation that convert to shares (or cash) only upon vesting and therefore do not represent immediately tradable shares. Such awards are routine for executives and reflect compensation, not necessarily a buy/sell signal.