SEC Form 4 · accession 0001361492-26-000010
QXO, Inc. · QXO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alec C Covington
Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 2, 2026 · 4:29 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001236275
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.00001 par valueF1 | Jul 1, 2026 | A | 150,368 | — | A | 150,368 | D | |
| Common Stock, $0.00001 par valueF1,F2 | Jul 1, 2026 | A | 3,494 | — | A | 153,862 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger, dated as of April 18, 2026 (the "Merger Agreement"), the Issuer acquired TopBuild Corp. ("TopBuild") in a merger transaction (the "Merger"), which became effective on July 1, 2026. At the effective time of the Merger (the "Effective Time"), each share (other than certain excluded shares, cancelled shares and dissenting shares) of TopBuild common stock was converted into the right to receive, at the holder's election, one of the following forms of merger consideration, after giving effect to proration as described in the Merger Agreement: (i) approximately $249.71 in cash and 10.211 shares of QXO common stock, subject to final calculations by the exchange agent (the "Cash Consideration"); or (ii) 20.200 shares of QXO common stock (the "Stock Consideration"). The reporting person received the Cash Consideration.
- F2Represents shares of QXO common stock received with respect to TopBuild restricted stock awards. TopBuild restricted stock awards vested in accordance with the terms of the Merger Agreement immediately prior to the Effective Time.