Brown Christopher Michael 4
4 · XPO, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
XPO Chief Accounting Officer Christopher Brown Receives RSU Shares
What Happened Christopher Michael Brown, Chief Accounting Officer of XPO, had 1,659 restricted stock units (RSUs) vest and convert into 1,659 shares on March 7, 2026. To satisfy tax withholding, 802 of those shares were surrendered at $188.65 per share for a withholding value of $151,297, leaving a net 857 shares issued to Brown. This was a vesting/settlement event rather than an open-market purchase or sale.
Key Details
- Transaction date: March 7, 2026 (reported on Form 4 filed March 10, 2026)
- Conversion: 1,659 RSUs converted to 1,659 shares (transaction code M)
- Tax withholding: 802 shares withheld/disposed at $188.65/share for $151,297 (transaction code F)
- Net shares received: 1,659 − 802 = 857 shares retained by Brown
- Footnotes: RSUs represent a contingent right to receive one share (or cash equal to FMV); the RSUs vested in full on March 7, 2026
- Filing timeliness: no late-filing indicator provided in the data supplied
Context This was a routine RSU vesting and net share settlement (a cashless-type settlement where shares are withheld to cover taxes), not an open-market sale or a new purchase. Such withholdings are common at vesting to satisfy tax obligations and should be interpreted as a payroll/tax event rather than a directional insider trade signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-07+1,659→ 32,261 total - Tax Payment
Common Stock
2026-03-07$188.65/sh−802$151,297→ 31,459 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-03-07−1,659→ 0 total→ Common Stock (1,659 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("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]These RSUs vested in full on March 7, 2026.