4//SEC Filing
Oran Baris 4
Accession 0001874231-25-000002
CIK 0001852244other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 5:59 PM ET
Size
17.2 KB
Accession
0001874231-25-000002
Insider Transaction Report
Form 4
Oran Baris
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-07+3,762→ 16,944 total - Tax Payment
Common Stock
2025-03-07$38.38/sh−3,059$117,404→ 13,885 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−3,762→ 7,525 total→ Common Stock (3,762 underlying) - Award
Restricted Stock Units
2025-03-07+14,764→ 14,764 total→ Common Stock (14,764 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−2,691→ 5,383 total→ Common Stock (2,691 underlying) - Exercise/Conversion
Common Stock
2025-03-07+2,691→ 13,182 total - Award
Restricted Stock Units
2025-03-06+16,540→ 16,540 total→ Common Stock (16,540 underlying)
Footnotes (6)
- [F1]No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on March 7, 2025, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]Each RSU represents a contingent right to receive, either (i) one share of 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.
- [F3]On March 30, 2022, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified on March 6, 2025. Such PSUs converted to time-based RSUs that will vest on January 15, 2026, subject to the Reporting Person's continued employment with GXO.
- [F4]These RSUs vest in four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F5]These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026, and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F6]These RSUs vest in three equal annual installments on March 7, 2026, March 7, 2027, and March 7, 2028, subject to the Reporting Person's continued employment with GXO.
Documents
Issuer
GXO Logistics, Inc.
CIK 0001852244
Entity typeother
Related Parties
1- filerCIK 0001874231
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 5:59 PM ET
- Size
- 17.2 KB