Newsome Earl 4
4 · QXO BUILDING PRODUCTS, INC. · Filed Apr 29, 2025
Insider Transaction Report
Form 4
Newsome Earl
Director
Transactions
- Disposition to Issuer
Restricted Stock Units (RSUs)
2025-04-29$124.35/sh−6,804$846,077→ 0 total→ Common Stock, $0.01 par value (6,804 underlying) - Disposition to Issuer
Restricted Stock Units (RSUs)
2025-04-29$124.35/sh−1,400$174,090→ 0 totalFrom: 2025-05-15Exp: 2025-05-15→ Common Stock, $0.01 par value (1,400 underlying)
Footnotes (3)
- [F1]Each RSU represented a contingent right to receive one (1) share of Common Stock of Beacon Roofing Supply, Inc. (the "Company").
- [F2]Pursuant to an Agreement and Plan of Merger dated as of March 20, 2025 (the "Merger Agreement") by and among the Company, QXO, Inc. ("QXO") and Queen MergerCo,Inc., a wholly owned subsidiary of QXO (the "Merger Sub"), the Merger Sub merged with and into the Company. Pursuant to the terms of the Merger Agreement, each vested RSU held by the Reporting Person was converted into the right to receive $124.35 in cash. All such RSUs were fully vested prior to the date of the Merger Agreement, with retirement from the board the sole condition to settlement.
- [F3]Pursuant to the terms of the Merger Agreement, each unvested RSU held by the Reporting Person was converted into the right to receive $124.35 in cash. The RSUs were scheduled to vest on the date referenced in column 6.