Form 4: RXO Inc. Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Jeffrey D. Firestone, Chief Legal Officer of RXO Inc., reports the vesting and settlement of Restricted Stock Units (RSUs) and associated tax withholding.
Summary
- On August 31, 2024, Jeffrey D. Firestone, the Chief Legal Officer of RXO Inc., engaged in transactions involving RXO common stock.
- 17,262 Restricted Stock Units (RSUs) vested and were settled.
- 7,587 shares were withheld by RXO Inc. to cover the tax liability resulting from the RSU vesting.
- Firestone did not sell any shares directly.
- Following these transactions, Firestone beneficially owns 42,509 shares of RXO common stock.
- Firestone also owns 162,071 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates normal compensation and tax-related activities.
Key Dates
| Date | Description |
|---|---|
| 08/31/2024 | Date of RSU vesting and tax withholding. |
| 09/04/2024 | Date of Form 4 filing. |
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