Fassler Matthew J. 4

What Happened
Matthew J. Fassler, a director of GXO Logistics, had 5,012 restricted stock units (RSUs) vest on May 13, 2026 and those RSUs converted into 5,012 shares of GXO Common Stock. The Form 4 reports an acquisition of 5,012 shares at $0.00 (no cash paid) and a corresponding disposition of the derivative (the RSUs) also at $0.00, reflecting conversion of the award rather than an open-market purchase or sale.

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the typical two-business-day window).
• Reported amounts: 5,012 shares acquired at $0.00; 5,012 RSU derivative units disposed at $0.00.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1—Each RSU represents the right to one share or a cash payment equal to one share’s fair market value. F2—The RSUs vested in full on May 13, 2026.
• Transaction code: M (conversion/exercise of derivative); this indicates the RSUs were converted into common stock.

Context
This was a routine vesting and conversion of RSUs (an award reaching its vesting date), not an open-market buy or sell by the insider. The "acquired" entry reflects receipt of shares upon vesting; the "disposed" derivative entry reflects the RSUs ceasing to exist once converted. Such vesting events are common compensation mechanics and do not by themselves indicate insider sentiment.