GXO Logistics, Inc.·4

May 22, 4:29 PM ET

Fassler Matthew J. 4

Research Summary

AI-generated summary

Updated

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.