XPO.NYSEXpo, INC

Form 4: XPO Inc. COO David J. Bates Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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David J. Bates, Chief Operating Officer of XPO Inc., reports the vesting and disposition of restricted stock units and common stock transactions on March 15, 2025.

Summary

  • On March 15, 2025, David J. Bates, the Chief Operating Officer of XPO Inc., engaged in transactions involving the company's stock.
  • Bates acquired 5,427 shares of common stock through the vesting of restricted stock units (RSUs).
  • He also disposed of 2,373 shares of common stock at a price of $107.24.
  • Following these transactions, Bates directly owns 24,160 shares of common stock.
  • He also holds 3,975 and 2,902 restricted stock units that will vest in the future.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The RSUs vest over the next two to three years, contingent on continued employment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates

DateDescription
03/15/2025Date of earliest transaction: vesting of RSUs and sale of common stock.
03/15/2025First vesting date for 3,976 RSUs in two equal annual installments.
03/15/2026Second vesting date for 3,976 RSUs in two equal annual installments.
03/15/2025First vesting date for 1,451 RSUs in three equal annual installments.
03/15/2026Second vesting date for 1,451 RSUs in three equal annual installments.
03/15/2027Third vesting date for 1,451 RSUs in three equal annual installments.
03/18/2025Date of signature by Attorney-in-Fact.

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