RXO.NYSERxo, INC

Form 4: RXO Inc. Executive Jason S. Kerr Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jason S. Kerr, Chief Accounting Officer of RXO, Inc., reports the vesting and tax withholding of restricted stock units.

Summary

  • On February 23, 2025, Jason S. Kerr, Chief Accounting Officer of RXO, Inc., had 5,256 restricted stock units (RSUs) vest.
  • These RSUs were settled for common stock.
  • The company withheld 2,571 shares to cover the tax liability associated with the vesting of the RSUs at a price of $20.14.
  • Following these transactions, Kerr directly owns 85,277 shares of RXO common stock.
  • Kerr also directly owns 10,514 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company executive, with no indication of positive or negative sentiment.

Future Outlook

The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax withholding.

Key Dates

DateDescription
02/23/2025Date of transaction: vesting of restricted stock units and tax withholding.
02/25/2025Date of report signature.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.