Form 4: XPO Inc. CEO Mario Harik Reports Stock Transactions
SEC Form 4 Filing
CEO Mario Harik reports the vesting and disposition of restricted stock units and common stock transactions.
Summary
- On March 15, 2025, Mario Harik, CEO of XPO Inc., reported transactions involving common stock and restricted stock units (RSUs).
- Harik acquired 19,207 shares of common stock upon the vesting of RSUs.
- He disposed of 9,288 shares of common stock to cover tax obligations at a price of $107.24 per share.
- Following these transactions, Harik directly owns 337,536 shares of XPO Inc. common stock.
- He also holds 13,789 RSUs that vest in two equal annual installments on March 15, 2025, and March 15, 2026.
- Additionally, he holds 10,835 RSUs that vest in three equal annual installments on March 15, 2025, March 15, 2026, and March 15, 2027.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The RSUs will continue to vest in future years, subject to the Reporting Person's continued employment with the Issuer.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transactions involving common stock and restricted stock units. |
| 03/15/2025 | First vesting date for 13,789 RSUs in two equal annual installments. |
| 03/15/2026 | Second vesting date for 13,789 RSUs in two equal annual installments. |
| 03/15/2025 | First vesting date for 10,835 RSUs in three equal annual installments. |
| 03/15/2026 | Second vesting date for 10,835 RSUs in three equal annual installments. |
| 03/15/2027 | Third vesting date for 10,835 RSUs in three equal annual installments. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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