Cooper Todd C 4

What Happened

• Todd C. Cooper, a director of GXO Logistics, reported the vesting and conversion/settlement of 5,012 Restricted Stock Units (RSUs) on May 13, 2026. The Form 4 shows an acquisition (conversion) of 5,012 shares at $0.00 and a matching disposition of 5,012 shares at $0.00, for reported values of $0. The filing indicates these RSUs vested in full on May 13, 2026 (footnote).

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely).
• Reported transactions: Acquired 5,012 shares @ $0.00 (conversion/exercise, code M) and Disposed 5,012 shares @ $0.00 (derivative).
• Total reported value on the Form 4: $0 (conversion/settlement entries).
• Footnotes: F1 — each RSU represents a right to one share or a cash payment equal to fair market value; F2 — RSUs vested in full on May 13, 2026.
• Shares owned after the transaction: not specified in the supplied filing data.

Context

• This was not an open-market buy or sell; it reflects RSU vesting and a conversion/settlement event. The paired acquisition and disposition at $0.00 typically reflect RSU settlement mechanics (issuance and immediate settlement or withholding), but the Form 4 here does not spell out whether shares were delivered or cash-settled. Such vesting/conversion events are routine compensation actions and do not by themselves indicate a purchase-driven bullish signal.