Xpo

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-10 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: 2026-03-10 | Code: M (Exercise of derivative) Shares: +39,515 | Price: $0.00 Shares Owned After: 80,621 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-03-10 | Code: F (Payment of exercise/tax) Shares: -17,166 | Price: $194.68 Total Value: $3,341,876.88 Shares Owned After: 63,455 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Unit Date: 2026-03-10 | Code: A (Grant or award) Shares: +39,515 | Price: $0.00 Shares Owned After: 39,515 | 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] On April 21, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026. [F2] On April 21, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026. [Transaction #2] Security: Restricted Stock Unit Date: 2026-03-10 | Code: M (Exercise of derivative) Shares: -39,515 | 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] On April 21, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026. [F2] On April 21, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026. --- 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: On April 21, 2023, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On March 10, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs had been satisfied, resulting in the vesting of 100% such RSUs effective March 6, 2026. --- Signature --- /s/ /s/ Wendy Cassity, Attorney-in-Fact (2026-03-12)