4//SEC Filing
Cawston Richard 4
Accession 0002005971-25-000004
CIK 0001852244other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:06 PM ET
Size
22.5 KB
Accession
0002005971-25-000004
Insider Transaction Report
Form 4
Cawston Richard
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-10+2,335→ 66,227 total - Award
Restricted Stock Units
2025-03-06+11,165→ 11,165 total→ Common Stock (11,165 underlying) - Exercise/Conversion
Common Stock
2025-03-07+5,016→ 67,305 total - Exercise/Conversion
Common Stock
2025-03-07+2,243→ 62,289 total - Exercise/Conversion
Restricted Stock Units
2025-03-10−2,335→ 0 total→ Common Stock (2,335 underlying) - Tax Payment
Common Stock
2025-03-07$38.38/sh−3,413$130,991→ 63,892 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−2,243→ 4,486 total→ Common Stock (2,243 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−5,016→ 10,033 total→ Common Stock (5,016 underlying) - Award
Restricted Stock Units
2025-03-07+19,686→ 19,686 total→ Common Stock (19,686 underlying) - Tax Payment
Common Stock
2025-03-10$38.10/sh−1,098$41,834→ 65,129 total
Footnotes (8)
- [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 March 7, 2025, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]No shares were sold by the Reporting Person. These shares were withheld by GXO to fund tax liability attributable to the vesting and settlement of the RSUs reported on this Form 4. These RSUs vested and were settled on March 10, 2025, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F3]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.
- [F4]On March 30, 2022, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified on March 6, 2025. Such PSUs converted to time-based RSUs that will vest on January 15, 2026, subject to the Reporting Person's continued employment with GXO.
- [F5]These RSUs vest in four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F6]These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026, and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F7]These RSUs vest in three equal annual installments on March 7, 2026, March 7, 2027, and March 7, 2028, subject to the Reporting Person's continued employment with the GXO.
- [F8]These RSUs vested in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024, and March 10, 2025, 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
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 6:06 PM ET
- Size
- 22.5 KB