Blanchett Paul 4
4 · GXO Logistics, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
GXO Chief Accounting Officer Paul Blanchett Receives 4,944 RSUs
What Happened
- Paul Blanchett, Chief Accounting Officer of GXO Logistics, was granted 4,944 restricted stock units (RSUs) on March 1, 2026. The Form 4 shows the award as a derivative acquisition at $0.00 (no cash paid).
- These RSUs represent rights to receive GXO common stock (or cash equal to the stock value) and were converted from previously awarded performance share units (PSUs) that were certified as earned effective March 1, 2026. The converted RSUs will vest on January 15, 2027, subject to Blanchett’s continued employment.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
- Amount: 4,944 RSUs; reported price $0.00 (grant/award, not a purchase or sale).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU converts to one share of GXO common stock or cash equal to fair market value; F2 — PSUs granted Mar 7, 2023 were certified as earned and converted to time-based RSUs that vest Jan 15, 2027.
- Transaction code: A = Award/Grant (derivative).
Context
- This was an award of earned performance units converted to time-based RSUs, not an open-market buy or sale. Such awards are typically part of executive compensation and vest in the future, so they do not represent an immediate purchase or sale of stock.
Insider Transaction Report
Form 4
Blanchett Paul
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-03-01+4,944→ 4,944 total→ Common Stock (4,944 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock.
- [F2]On March 7, 2023, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified effective March 1, 2026. Such PSUs converted to time-based RSUs that will vest on January 15, 2027, subject to the Reporting Person's continued employment with GXO.
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact|2026-03-03