Form 4: RXO CEO Andrew Wilkerson Reports Stock Transactions

Andrew Wilkerson, CEO of RXO, Inc., reports the vesting and settlement of restricted stock units (RSUs) and the withholding of shares to cover tax liabilities.

Summary

• On March 10, 2024, RXO, Inc. CEO Andrew Wilkerson reported transactions involving the company's common stock.
• 2,106 shares were acquired through the vesting of Restricted Stock Units (RSUs).
• 926 shares were withheld by the issuer to cover tax liabilities associated with the RSU vesting at a price of $20.91.
• Following these transactions, Wilkerson directly owns 114,902 shares of RXO common stock and 492,231 Restricted Stock Units.
• The RSUs vest in equal installments over four years from the grant date, contingent upon continued employment.

Sentiment

Score: 5

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

Future Outlook

The RSUs vest in equal installments on the first four anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Industry Context

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

Stakeholder Impact

• Shareholders may be interested in tracking executive stock ownership as an indicator of management's alignment with shareholder interests.

Key Dates