Form 4: QXO Director Mary E. Kissel Reports Stock Transactions
SEC Form 4 Filing
Director Mary E. Kissel reports acquisition and disposal of QXO, Inc. common stock and restricted stock units.
Summary
- On May 12, 2025, Mary E. Kissel, a director of QXO, Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
- Kissel acquired 14,523 shares of common stock and disposed of 25,464 shares.
- Additionally, Kissel acquired 12,111 restricted stock units, each representing a contingent right to receive one share of common stock upon settlement.
- These RSUs vest in full on the date of the Issuer’s 2026 Annual Meeting of Stockholders, subject to continued service as a director.
- Kissel also disposed of 14,523 restricted stock units that vested and settled in full on the date of the Issuer’s 2025 Annual Meeting of Stockholders.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.
Future Outlook
The RSUs acquired vest in full on the date of the Issuer’s 2026 Annual Meeting of Stockholders, subject to the Reporting Person’s continued service as a director of the Issuer.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, providing insights into insider activity.
Key Dates
| Date | Description |
|---|---|
| July 30, 2024 | Reporting Person was granted RSUs that vested and settled in full on the date of the Issuer’s 2025 Annual Meeting of Stockholders. |
| May 12, 2025 | Date of earliest transaction reported: acquisition and disposal of common stock and RSUs. |
| May 14, 2025 | Date of signature on the Form 4 filing. |
Keywords
QXO, Director, Stock Transactions, Form 4, Restricted Stock Units, Common Stock, Beneficial Ownership
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