Form 4: Jared Kushner Reports Acquisition of QXO, Inc. Shares

Jared Kushner, a director of QXO, Inc., reports the acquisition of 16,260,163 shares of common stock at $12.3 per share through indirect ownership.

Summary

• Jared Kushner, a director of QXO, Inc., filed a Form 4 disclosing changes in beneficial ownership of the company's common stock.
• On April 29, 2025, Mr. Kushner indirectly acquired 16,260,163 shares of QXO, Inc. common stock at a price of $12.3 per share.
• These shares are held directly by Affinity QXO 1 LLC, which is owned by several Affinity Funds.
• Mr. Kushner, as the Chief Executive Officer of A Fin Management LLC and controlling owner of the general partners of these funds, may be deemed to share voting and dispositive power over these shares but disclaims beneficial ownership.
• Mr. Kushner also indirectly holds 16,247,069 shares through Parallel Fund I and 164,310 shares through Affinity Partners Fund I LP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

QXO, Inc., Jared Kushner, Affinity Partners, Beneficial Ownership, Form 4, Director, Shares, Stock