Form 4: RXO CFO James Harris Reports Stock Transactions
SEC Form 4
James Harris, CFO of RXO, Inc., reports the vesting and settlement of Restricted Stock Units (RSUs) and associated tax withholding.
Summary
- On March 22, 2025, James Harris, the CFO of RXO, Inc., reported transactions involving RXO common stock.
- These transactions included the vesting and settlement of 12,989 Restricted Stock Units (RSUs).
- The company withheld 5,677 shares to cover tax liabilities related to the RSU settlement at a price of $18.59 per share.
- Following these transactions, Harris directly owns 67,286 shares of RXO common stock and 279,282 Restricted Stock Units.
- The RSUs vest in three equal annual installments.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to executive compensation.
Future Outlook
The RSUs vest in three equal annual installments on the anniversary of the grant date, subject to continued employment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/22/2025 | Date of RSU vesting and settlement, and associated tax withholding. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
RXO, James Harris, CFO, Form 4, Restricted Stock Units, RSUs, Stock Transactions, Beneficial Ownership, Tax Withholding
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