Refsgaard Corinna 4
Research Summary
AI-generated summary
GXO CHRO Corinna Refsgaard Receives RSU Award
What Happened
- Corinna Refsgaard, Chief Human Resources Officer of GXO Logistics (GXO), was granted 7,958 restricted stock units (RSUs) reported as an award (code A) on 2026-03-01. The Form 4 shows an acquisition price of $0.00 because these are derivative awards (RSUs), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (filed within the typical 2-business‑day window).
- Grant reported: 7,958 RSUs; reported price on form: $0.00 (derivative award).
- Shares owned after transaction: not specified in this Form 4.
- Footnotes: F1 — each RSU entitles the holder to either one share of GXO common stock or a cash payment equal to the fair market value of one share at settlement. F2 — RSUs vest in three equal annual installments on Mar 1, 2027; Mar 1, 2028; and Mar 1, 2029, subject to continued employment.
Context
- RSU grants are a common form of executive compensation and are not the same as buying stock on the open market; they typically vest over time and may convert to shares or cash when they vest. This filing documents the grant itself and does not, by itself, indicate a personal buy or sell decision.