Nemeth Julio N 4

What Happened
Julio N. Nemeth, a director of GXO Logistics (GXO), reported that 5,012 restricted stock units (RSUs) vested on May 13, 2026. The Form 4 shows a conversion/exercise (derivative transaction code M) resulting in the acquisition of 5,012 shares and a simultaneous disposition of 5,012 shares. Both transactions are reported at $0.00 per share (no cash consideration shown).

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
• Reported amounts: 5,012 RSUs converted to 5,012 shares (Acquired: 5,012 @ $0.00; Disposed: 5,012 @ $0.00).
• Reported dollar values: $0 for both acquisition and disposition (typical for vested RSUs shown with $0 exercise price).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU converts to one share or cash equal to one share’s fair market value; F2 — the RSUs vested in full on May 13, 2026.

Context
This filing reflects RSU vesting and conversion/settlement rather than an open-market buy or outright sale. The simultaneous acquisition and disposition often indicates settlement mechanics (for example, cash settlement or shares withheld for taxes), but the Form 4 here only reports the conversion and equal disposition — it does not detail the exact settlement method or cash flows. Such vesting events are routine for compensation and do not by themselves indicate a change in the insider’s market view.