Wismans Kyle 4

What Happened

• Kyle Wismans, Chief Financial Officer of XPO, reported the vesting/conversion of restricted stock units (RSUs) on March 15, 2026. The filing shows 9,783 shares acquired on conversion/exercise of derivative awards. To cover tax withholding, 4,996 shares were disposed (sold) at $181.71 each, raising $907,823. The filing also lists additional RSU conversions/dispositions of 2,988; 3,869; and 2,926 shares (reported with $0 per-share value in the filing).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (filed within the standard 2‑day window).
• Sale for tax withholding: 4,996 shares disposed at $181.71 each = $907,823.
• RSU conversions reported: 9,783 shares acquired; additional conversions/disposals of 2,988, 3,869, and 2,926 shares (reported at $0 per share in the filing).
• Shares owned after the transactions: not disclosed in the Form 4 provided.
• Footnotes: F1–F4 indicate these were RSUs (each convertible to one share or cash equivalent); some RSUs vested in full on March 15, 2026 (F2), others vest in two or three annual installments (F3, F4). Code F denotes tax withholding.

Context

• These entries reflect RSU vesting and routine tax-withholding (a common "cashless" settlement where shares are withheld or sold to cover taxes), not an open-market investment decision. The reported sale appears to be solely to satisfy tax obligations tied to the vested awards.