Form 4: GXO Logistics Executive Corinna Refsgaard Reports Stock Transactions

Corinna Refsgaard, Chief Human Resources Officer of GXO Logistics, reports the vesting and settlement of restricted stock units (RSUs) and associated tax withholding.

Summary

• On April 8, 2025, Corinna Refsgaard, Chief Human Resources Officer of GXO Logistics, had 2,675 Restricted Stock Units (RSUs) vest.
• These RSUs were settled for common stock.
• 415 shares were withheld by GXO to cover tax liabilities related to the vesting of the RSUs at a price of $34.12.
• Refsgaard now directly owns 2,260 shares of GXO common stock following the transaction.
• She also owns 5,351 Restricted Stock Units (RSUs) that vest in three equal annual installments on April 8, 2025, April 8, 2026, and April 8, 2027.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The remaining RSUs vest in three equal annual installments on April 8, 2025, April 8, 2026, and April 8, 2027, subject to continued employment with GXO.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The vesting schedule of the RSUs (three equal annual installments) is a common vesting structure.
• Tax withholding upon vesting of RSUs is a standard procedure.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disclosure of executive stock transactions.
• Employees may be interested in the vesting schedule of RSUs as part of their compensation packages.

Key Dates

Keywords

GXO Logistics, Corinna Refsgaard, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Insider Trading, Stock Vesting, Tax Withholding