Form 4: GXO Logistics Director Gross Joli L. Reports Stock Transactions
SEC Form 4 Filing
Director Gross Joli L. reports the vesting and disposal of 3,617 Restricted Stock Units (RSUs) on May 13, 2025, resulting in the ownership of 13,084 common stock shares.
Summary
- On May 13, 2025, Director Gross Joli L. of GXO Logistics, Inc. reported transactions involving Restricted Stock Units (RSUs) and common stock.
- A total of 3,617 RSUs vested and were subsequently disposed of.
- These RSUs represent a contingent right to receive either one share of GXO common stock or a cash payment equivalent to the fair market value of one share.
- Following the reported transactions, Gross Joli L. beneficially owns 13,084 shares of GXO common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction, vesting of RSUs, and the 2025 annual meeting of stockholders. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
Keywords
GXO Logistics, Gross Joli L., Form 4, Restricted Stock Units, RSU, Beneficial Ownership, Director, Stock Transaction
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