Form 4: QXO, Inc. Director Mario Harik Reports Stock Transactions
Insider Transaction Report
QXO, Inc. Director Mario Harik reported transactions involving common stock and restricted stock units on May 5, 2026.
Summary
- Mario Harik, a Director at QXO, Inc., reported the acquisition of 12,111 shares of common stock on May 5, 2026.
- The acquisition was made at a price of $0, indicating it was likely a grant or award.
- Following this transaction, Harik beneficially owns 26,634 shares of common stock.
- Additionally, Harik acquired 9,274 Restricted Stock Units (RSUs) on May 5, 2026.
- These RSUs are set to vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, contingent upon his continued service as a director.
- A prior grant of RSUs on May 12, 2025, vested and settled in full on the date of the Issuer's 2026 Annual Meeting of Stockholders.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider stock transactions and equity awards rather than significant financial performance or strategic shifts.
Positives
- Director Mario Harik's continued service and engagement with QXO, Inc. is indicated by the grant and vesting of restricted stock units.
- The acquisition of common stock at $0 suggests an equity incentive for the director.
- The vesting schedule for the new RSUs aligns with continued directorship, signaling confidence in the company's future.
Risks
- The vesting of RSUs is contingent upon continued service as a director, meaning any departure before the 2027 Annual Meeting would result in forfeiture of these units.
- The value of the RSUs is tied to the future performance of QXO, Inc.'s stock price.
Future Outlook
The future outlook for the reported securities is tied to the vesting of restricted stock units, which are contingent upon the reporting person's continued service as a director through the Issuer's 2027 Annual Meeting of Stockholders.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This filing indicates ongoing equity compensation and potential alignment of director interests with shareholder value.
Stakeholder Impact
- Shareholders: Increased transparency into director's equity holdings and potential alignment of interests.
- Employees: May observe director compensation practices, potentially influencing morale or understanding of company incentives.
- Management: Reinforces standard corporate governance practices regarding insider reporting.
Next Steps
- Continued service by Mario Harik as a director through the 2027 Annual Meeting of Stockholders for RSUs to vest.
- Monitoring of QXO, Inc.'s stock performance to determine the value of vested RSUs.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Earliest transaction date reported; acquisition of common stock and RSUs. |
| 05/07/2026 | Date of filing for the Form 4 statement. |
| 05/12/2025 | Date of a prior RSU grant. |
| 2026 Annual Meeting of Stockholders | Date when prior RSUs vested and settled. |
| 2027 Annual Meeting of Stockholders | Date when current RSUs are scheduled to vest. |
Keywords
QXO Inc, Form 4, Insider Trading, Director Transactions, Restricted Stock Units, Equity Awards, Beneficial Ownership, Securities Exchange Act
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