Form 4: RXO Inc. Director Troy A. Cooper Acquires Restricted Stock Units

Director Troy A. Cooper acquired 4,119 Restricted Stock Units (RSUs) of RXO, Inc. on September 23, 2024, which will vest on January 2, 2025, contingent upon continued service as a director.

Summary

• This is a Form 4 filing indicating a change in beneficial ownership for Troy A. Cooper, a director of RXO, Inc.
• On September 23, 2024, Cooper acquired 4,119 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Common Stock or a cash payment equal to the fair market value of one share of Common Stock upon settlement.
• The RSUs will vest in full on January 2, 2025, subject to Cooper's continued service as a director of RXO, Inc.
• Following the transaction, Cooper directly owns 4,119 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of RSUs by a director is generally viewed positively, but it's a routine occurrence.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest on January 2, 2025, contingent upon the Reporting Person's continued service as a director of the Issuer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment, as it aligns the director's interests with those of the shareholders.

Key Dates