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 February 23, 2025, Jeffrey D. Firestone, the Chief Legal Officer of RXO, Inc., engaged in transactions involving RXO's common stock.
- 16,173 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 7,286 shares were withheld by RXO to cover tax liabilities related to the RSU vesting at a price of $20.14 per share.
- Following these transactions, Firestone directly owns 51,396 shares of RXO common stock and 145,898 Restricted Stock Units.
- The RSUs vest in three equal annual installments from the grant date, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of RSU vesting and tax withholding. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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