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RXO, Inc. — Director's Dealing 2024
Mar 27, 2024
31516_dirs_2024-03-26_86815d2c-22fc-44fe-82ef-af5c741b3203.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RXO, Inc. (RXO)
CIK: 0001929561
Period of Report: 2024-03-22
Reporting Person: Wilkerson Andrew M. (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-22 | Restricted Stock Unit | $ | A | 158305 | Acquired | Common Stock (158305) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
F2: 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.
F3: The Reporting Person was also awarded 158,305 Performance Share Units (PSUs) at target level, which will be eligible to vest depending on achievement of total shareholder return relative to a subset of companies in the S&P Transportation Select Industry Index and EBITDA performance targets over a three-year time period and will be reported when the number of earned shares is determined.