Form 4: RXO CFO James Harris Reports Stock Transactions
SEC Form 4 Filing
James Harris, CFO of RXO, Inc., reports the vesting and settlement of restricted stock units (RSUs) resulting in the acquisition and disposal of common stock to cover tax liabilities.
Summary
- On February 23, 2025, James Harris, the Chief Financial Officer of RXO, Inc., engaged in transactions involving the company's stock.
- He acquired 21,835 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Simultaneously, 9,728 shares were disposed of to cover tax liabilities associated with the RSU vesting at a price of $20.14 per share.
- Following these transactions, Harris directly owns 59,974 shares of RXO, Inc.
- He also holds 253,189 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a factual report of an executive's stock activity.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of the reported transactions: acquisition of stock through RSU vesting and disposal of stock for tax liability. |
| 02/25/2025 | Date of signature of the Form 4 filing. |
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