Buck Robert M 4

What Happened
Robert M. Buck, CEO and director of QXO Insulation, reported three dispositions to the issuer on July 1, 2026 totaling 74,387 shares (40,372 + 10,327 + 23,688). Each disposition is reported at $0 proceeds because the shares were surrendered/settled in connection with the merger that became effective that day; the reporting person elected the merger's cash consideration option.

Key Details

• Transaction date: July 1, 2026. All three entries shown as dispositions to the issuer at $0.00 per share (total reported proceeds $0).
• Total shares surrendered: 74,387 (40,372; 10,327; 23,688).
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1 notes the TopBuild → QXO merger (effective July 1) and that holders could elect cash + stock or stock consideration; the reporting person elected cash consideration. F2 indicates some shares reflect tax withholding and performance-share vesting. F3–F4 explain conversion of outstanding RSUs/PRSUs into QXO awards under the merger exchange ratio.
• Filing timeliness: Reported with period and filing date of July 1, 2026 — no late filing indicated.

Context
These were not open-market sales but corporate-level settlements related to the merger and conversion of awards. Dispositions to the issuer in a merger often show $0 on Form 4 because the consideration (cash and/or stock) is handled by the exchange agent and award conversion rules; they do not imply a typical CEO sell order in the market.