XPO, Inc. (XPO) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: XPO, Inc. (XPO) CIK: 0001166003 --- Reporting Owner --- Name: Bates David J. CIK: 0001534267 Role: Officer (Chief Operating Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-03-15 | Code: M (Exercise of derivative) Shares: +6,889 | Price: $0.00 Shares Owned After: 70,344 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-03-15 | Code: F (Payment of exercise/tax) Shares: -2,994 | Price: $181.71 Total Value: $544,039.74 Shares Owned After: 67,350 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Unit Date: 2026-03-15 | Code: M (Exercise of derivative) Shares: -3,975 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [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 15, 2026. [F2] These RSUs vested in full on March 15, 2026. [Transaction #2] Security: Restricted Stock Unit Date: 2026-03-15 | Code: M (Exercise of derivative) Shares: -1,451 | Price: $0.00 Shares Owned After: 1,451 | Ownership: D (Direct) Footnotes: [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. [F3] These RSUs vest in two equal annual installments on March 15, 2026 and March 15, 2027, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. [F3] These RSUs vest in two equal annual installments on March 15, 2026 and March 15, 2027, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. [Transaction #3] Security: Restricted Stock Unit Date: 2026-03-15 | Code: M (Exercise of derivative) Shares: -1,463 | Price: $0.00 Shares Owned After: 2,926 | Ownership: D (Direct) Footnotes: [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. [F4] These RSUs vest in three equal annual installments on March 15, 2026, March 15, 2027 and March 15, 2028, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. [F4] These RSUs vest in three equal annual installments on March 15, 2026, March 15, 2027 and March 15, 2028, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. --- Footnotes (Complete Index) --- 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 15, 2026. F3: These RSUs vest in two equal annual installments on March 15, 2026 and March 15, 2027, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. F4: These RSUs vest in three equal annual installments on March 15, 2026, March 15, 2027 and March 15, 2028, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. --- Signature --- /s/ /s/ Wendy Cassity, Attorney-in-Fact (2026-03-17)