Form 4: QXO Inc. Director Mario A. Harik Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Director Mario A. Harik reports acquiring common stock and restricted stock units in QXO, Inc.
Summary
- On May 12, 2025, Mario A. Harik, a director of QXO, Inc., reported acquiring 14,523 shares of common stock at $0.00 per share.
- Harik also acquired 12,111 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock.
- These RSUs vest in full on the date of the Issuer’s 2026 Annual Meeting of Stockholders, contingent upon Harik's continued service as a director.
- Additionally, 14,523 RSUs granted on July 30, 2024, vested and settled in full on the date of the Issuer’s 2025 Annual Meeting of Stockholders.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard disclosure of stock and RSU acquisition by a director. It doesn't inherently indicate positive or negative performance, but rather transparency.
Positives
- The acquisition of shares and RSUs by a director signals confidence in the company's future.
Future Outlook
The vesting of RSUs in 2026 is contingent upon the director's continued service.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-07-30 | Reporting Person was granted RSUs that vested and settled in full on the date of the Issuer’s 2025 Annual Meeting of Stockholders. |
| 2025-05-12 | Date of transaction: Acquisition of common stock and RSUs. |
| 2025-05-14 | Date of signature on the Form 4 filing. |
| 2026 | RSUs vest in full on the date of the Issuer’s 2026 Annual Meeting of Stockholders. |
Keywords
QXO, Director, Harik, Stock, RSU, Form 4, Beneficial Ownership
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