SEC Form 4 · accession 0001236275-26-000023
QXO, Inc. · QXO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth J West
Officer — President and COO
Period of report
Sep 15, 2026
Accepted (ET)
Sep 17, 2026 · 4:06 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001236275
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 15, 2026 | A | 75,857 | A | — | — | Common Stock | 75,857 | 75,857 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 15, 2026 | A | 480,769 | A | — | — | Common Stock | 480,769 | 480,769 | D |
| Restricted Stock UnitsF1,F4 | — | Sep 15, 2026 | A | 218,531 | A | — | — | Common Stock | 218,531 | 218,531 | D |
| Performance Stock UnitsF5,F6 | — | Sep 15, 2026 | A | 75,857 | A | — | — | Common Stock | 75,857 | 75,857 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, one share of Common Stock.
- F2The RSUs vest in four installments of 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- F3The RSUs vest in two installments of 50% on September 15, 2028 and 50% on September 15, 2030, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- F4The RSUs vest on October 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- F5Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Common Stock.
- F6The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over a performance period beginning on the grant date and ending on December 31, 2030 relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.