Fassler Matthew J. 4
4 · GXO Logistics, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
GXO Logistics Director Matthew Fassler Receives 3,837 RSU Award
What Happened Matthew J. Fassler, a director of GXO Logistics, received a grant of 3,837 restricted stock units (RSUs) on May 20, 2026. The Form 4 lists the acquisition price as $0.00 (an award/derivative grant). These RSUs are a contingent right to receive company common stock (or cash equal to the fair market value) at vesting.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely).
- Award: 3,837 RSUs; acquisition price reported as $0.00 (derivative grant).
- Vesting terms: RSUs vest on the earlier of (i) May 20, 2027 or (ii) the next annual meeting of stockholders, provided Fassler continues as a board member.
- Conversion: Each RSU converts into one share of GXO common stock or a cash payment equal to the fair market value per share (per footnote).
- Shares owned after transaction: Not disclosed in the provided filing details.
- No indication of a sale, exercise, or 10b5-1 plan in this filing.
Context This is a standard director compensation award (RSUs) rather than an open-market purchase or sale. RSUs are derivative awards that only convert to actual shares (or cash) if and when they vest; they do not represent immediate stock ownership or liquidity. For retail investors, such awards are routine and typically reflect board compensation rather than a direct insider buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-20+3,837→ 3,837 total→ Common Stock (3,837 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("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.
- [F2]The RSUs shall vest on the earlier of (i) May 20, 2027 and (ii) the date of the next annual meeting of stockholders (the "Vesting Date"), provided that the Reporting Person continues to serve as a member of the Board of Directors of GXO through and until the Vesting Date.