4//SEC Filing
Cawston Richard 4
Accession 0002005971-24-000004
CIK 0001852244other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:50 PM ET
Size
8.8 KB
Accession
0002005971-24-000004
Insider Transaction Report
Form 4
Cawston Richard
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2024-04-01+1,688→ 60,840 total - Tax Payment
Common Stock
2024-04-01$53.76/sh−794$42,685→ 60,046 total - Exercise/Conversion
Restricted Stock Units
2024-04-01−1,688→ 3,375 total→ Common Stock (1,688 underlying)
Footnotes (3)
- [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 April 1, 2024, 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]These RSUs vest in three equal annual installments on April 1, 2024, April 1, 2025 and April 1, 2026, subject to the Reporting Person's continued employment with GXO.
Documents
Issuer
GXO Logistics, Inc.
CIK 0001852244
Entity typeother
Related Parties
1- filerCIK 0002005971
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:50 PM ET
- Size
- 8.8 KB