Form 4: GXO Logistics Director Patrick Byrne Granted Restricted Stock Units
Insider Transaction Report
GXO Logistics, Inc. Director Patrick J Byrne was granted 2,926 Restricted Stock Units as part of his compensation.
Summary
- Patrick J Byrne, a Director of GXO Logistics, Inc. (GXO), acquired 2,926 Restricted Stock Units (RSUs) on July 29, 2025.
- Each RSU represents a contingent right to receive either one share of GXO Common Stock or a cash payment equal to the fair market value of one share.
- The RSUs were acquired at a price of $0, indicating they were a grant or award.
- Following this transaction, Patrick J Byrne beneficially owns 2,926 derivative securities (RSUs).
- The RSUs are scheduled to vest on the earlier of May 13, 2026, or the date of the next annual meeting of stockholders, contingent on Mr. Byrne's continued service on the Board of Directors.
Sentiment
Score: 5
Explanation: The filing reports a routine insider compensation grant, which is a neutral event in terms of company performance or strategic shifts.
Future Outlook
The Restricted Stock Units granted to Director Patrick J Byrne are set to vest on the earlier of May 13, 2026, or the date of the next annual meeting of stockholders, provided he continues his service on the Board of Directors.
Industry Context
NA
Related Party Transactions
- Patrick J Byrne, a Director of GXO Logistics, Inc., received 2,926 Restricted Stock Units as compensation, which constitutes a transaction between the company and a related party.
Stakeholder Impact
- Shareholders: The grant of RSUs to a director aligns the director's financial interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
Next Steps
- The 2,926 Restricted Stock Units will vest on the earlier of May 13, 2026, or the date of the next annual meeting of stockholders, subject to continued board service.
Key Dates
| Date | Description |
|---|---|
| 07/29/2025 | Date of transaction where 2,926 Restricted Stock Units were acquired by Patrick J Byrne. |
| 07/31/2025 | Date the Form 4 filing was signed by Karlis P. Kirsis, Attorney-in-Fact for Patrick J Byrne. |
| 05/13/2026 | Earliest potential vesting date for the Restricted Stock Units, or the date of the next annual meeting of stockholders, whichever comes first. |
Keywords
GXO Logistics, GXO, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, SEC Form 4, Equity Grant, Corporate Governance
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.