Form 4: RXO CFO James E. Harris Reports Stock Transactions

James E. Harris, CFO of RXO, Inc., reports the vesting and settlement of Restricted Stock Units (RSUs) and associated tax withholding.

Summary

• On September 26, 2024, James E. Harris, the Chief Financial Officer of RXO, Inc., reported transactions involving RXO's common stock.
• These transactions included the vesting of 32,064 Restricted Stock Units (RSUs).
• The company withheld 14,093 shares to cover tax liabilities related to the RSU vesting at a price of $27.25 per share.
• Following these transactions, Harris directly owns 47,867 shares of RXO common stock and 275,024 Restricted Stock Units.
• The RSUs vest in installments over five years from the grant date, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The RSUs vest in installments on the first five 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 transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates