Nemeth Julio N 4
4 · GXO Logistics, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
GXO Director Julio Nemeth Receives 3,837 RSU Award
What Happened
Julio N. Nemeth, a member of the GXO Logistics (GXO) Board of Directors, was granted 3,837 restricted stock units (RSUs) on May 20, 2026. The Form 4 shows an acquisition of 3,837 derivative units at $0.00 per unit (transaction code A — award/grant). This is a grant of contingent rights to receive shares or cash in the future, not an immediate purchase or sale of common stock.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely filing).
- Award: 3,837 RSUs; per-unit acquisition price reported as $0.00 on the Form 4. Total immediate cash value is not shown on the filing.
- Shares owned after transaction: not specified in the provided filing.
- Footnote highlights:
- Each RSU represents a contingent right to receive either one share of GXO common stock or a cash payment equal to the fair market value of one share (F1).
- RSUs vest on the earlier of May 20, 2027 or the next annual meeting of stockholders, provided Nemeth continues to serve on the Board through the Vesting Date (F2).
- Transaction type: Award/Grant of derivative securities (RSUs), not a market purchase or sale.
Context
RSU grants are a common form of director compensation and do not represent immediate stock ownership until they vest. Because these units may convert to shares or cash only upon vesting (and are contingent on continued service), they are not a direct bullish/personal investment signal like an open-market purchase.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-20+3,837→ 3,837 total→ Common Stock (3,837 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock.
- [F2]The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date of the next annual meeting of stockholders (the "Vesting Date"), provided that the Reporting Person continues to serve as a member of the Board of Directors of GXO through and until the Vesting Date.