=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-14
10b5-1 Pre-arranged Plan: Yes
--- 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: 2026-09-14 | Code: S (Open market sale)
Shares: -200 | Price: $177.26
Total Value: $35,452.20
Shares Owned After: 67,150 | Ownership: D (Direct)
Footnotes:
[F1] This sale is part of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026 to facilitate long-term asset diversification and financial planning objectives.
[F2] This transaction was executed in multiple trades at prices ranging from $176.79 to $177.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
[Transaction #2]
Security: Common Stock
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -400 | Price: $178.07
Total Value: $71,230.00
Shares Owned After: 66,750 | Ownership: D (Direct)
Footnotes:
[F1] This sale is part of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026 to facilitate long-term asset diversification and financial planning objectives.
[F3] This transaction was executed in multiple trades at prices ranging from $177.93 to $178.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
[Transaction #3]
Security: Common Stock
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -1,500 | Price: $179.65
Total Value: $269,479.05
Shares Owned After: 65,250 | Ownership: D (Direct)
Footnotes:
[F1] This sale is part of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026 to facilitate long-term asset diversification and financial planning objectives.
[F4] This transaction was executed in multiple trades at prices ranging from $179.22 to $180.19. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
[Transaction #4]
Security: Common Stock
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -515 | Price: $180.58
Total Value: $92,998.44
Shares Owned After: 64,735 | Ownership: D (Direct)
Footnotes:
[F1] This sale is part of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026 to facilitate long-term asset diversification and financial planning objectives.
[F5] This transaction was executed in multiple trades at prices ranging from $180.46 to $180.70. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
--- Footnotes (Complete Index) ---
F1: This sale is part of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026 to facilitate long-term asset diversification and financial planning objectives.
F2: This transaction was executed in multiple trades at prices ranging from $176.79 to $177.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F3: This transaction was executed in multiple trades at prices ranging from $177.93 to $178.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F4: This transaction was executed in multiple trades at prices ranging from $179.22 to $180.19. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F5: This transaction was executed in multiple trades at prices ranging from $180.46 to $180.70. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
--- Signature ---
/s/ /s/ Cody Bilgrien, Attorney-in-Fact (2026-09-15)
