S. Jacobs Bradley - Dec 31, 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Director
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Stock symbol
RXO
Transactions as of
Dec 31, 2023
Transactions value $
-$464,851
Form type
4
Date filed
1/3/2024, 08:58 PM
Previous filing
Mar 30, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +43.1K +11.08% $0.00 432K Dec 31, 2023 Direct
transaction RXO Common Stock Tax liability -$465K -20K -4.62% $23.26 412K Dec 31, 2023 Direct F1
holding RXO Common Stock 1.3M Dec 31, 2023 See footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RXO Restricted Stock Unit Options Exercise $0 -43.1K -3.51% $0.00 1.19M Dec 31, 2023 Common Stock 43.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled as originally scheduled, and there were no related discretionary transactions or open market sales.
F2 Jacobs Private Equity, LLC is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of Jacobs Private Equity, LLC.
F3 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.
F4 The RSUs in Item 5 of Table II vested on December 31, 2023.