Form 4: GXO Logistics Chief Accounting Officer Reports Stock Transactions
SEC Form 4
Paul Blanchett, Chief Accounting Officer of GXO Logistics, reports the vesting and settlement of restricted stock units (RSUs) and associated tax withholding.
Summary
- On April 1, 2025, Paul Blanchett, Chief Accounting Officer of GXO Logistics, had 1,041 Restricted Stock Units (RSUs) vest.
- These RSUs were settled for GXO common stock.
- 483 shares were withheld by GXO to cover tax liabilities related to the vesting of the RSUs at a price of $39.08.
- Blanchett now directly owns 17,836 shares of GXO common stock following the transaction.
- Blanchett also owns 1,042 RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The remaining RSUs will vest in equal annual installments on April 1, 2026, subject to continued employment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | First vesting date of RSUs in three equal annual installments. |
| 04/01/2025 | Date of transaction: Vesting and settlement of 1,041 Restricted Stock Units (RSUs). |
| 04/01/2026 | Third vesting date of RSUs in three equal annual installments. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
GXO Logistics, Paul Blanchett, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Insider Trading, Stock Options, Tax Withholding
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