4//SEC Filing
Fogarty Elizabeth 4
Accession 0001881758-25-000003
CIK 0001852244other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:13 PM ET
Size
19.2 KB
Accession
0001881758-25-000003
Insider Transaction Report
Form 4
Fogarty Elizabeth
Chief Communications Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-07+2,257→ 7,740 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−2,257→ 4,515 total→ Common Stock (2,257 underlying) - Award
Restricted Stock Units
2025-03-07+19,686→ 19,686 total→ Common Stock (19,686 underlying) - Tax Payment
Common Stock
2025-03-07$38.38/sh−1,858$71,310→ 5,882 total - Award
Restricted Stock Units
2025-03-07+9,843→ 9,843 total→ Common Stock (9,843 underlying) - Exercise/Conversion
Common Stock
2025-03-07+1,496→ 5,483 total - Award
Restricted Stock Units
2025-03-06+3,544→ 3,544 total→ Common Stock (3,544 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−1,496→ 2,990 total→ Common Stock (1,496 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 the 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 the GXO.
Documents
Issuer
GXO Logistics, Inc.
CIK 0001852244
Entity typeother
Related Parties
1- filerCIK 0001881758
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 6:13 PM ET
- Size
- 19.2 KB