XPO, Inc. Chief Operating Officer David J. Bates filed a Form 4 on September 15, 2026, disclosing the sale of 2,615 shares of common stock on September 14, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: David J. Bates, Chief Operating Officer of XPO, Inc. (NYSE:XPO)
  • Total shares sold: 2,615 shares of common stock disposed of across four transactions on September 14, 2026
  • Weighted average prices: $177.261, $178.075, $179.6527, and $180.5795 per share across the four tranches
  • Remaining ownership: 64,735 shares of common stock held directly following the reported transactions
  • 10b5-1 plan: Sales were made under a Rule 10b5-1 trading plan adopted by Bates on June 15, 2026
  • Plan purpose: The filing states the plan was adopted "to facilitate long-term asset diversification and financial planning objectives"

XPO COO Share Sale Details and Rule 10b5-1 Plan Background

According to the filing, David J. Bates sold a total of 2,615 shares of XPO, Inc. common stock on September 14, 2026, across four separate tranches. The first tranche consisted of 200 shares at a weighted average price of $177.261, with individual trade prices ranging from $176.79 to $177.71. The second tranche involved 400 shares at a weighted average of $178.075, with trades ranging from $177.93 to $178.41.

The third and largest tranche comprised 1,500 shares sold at a weighted average price of $179.6527, with individual trades ranging from $179.22 to $180.19, according to the filing. The fourth tranche covered 515 shares at a weighted average of $180.5795, with prices ranging from $180.46 to $180.70. All four transactions carry transaction code "S" and are classified as direct dispositions.

The filing notes that all sales were executed under a Rule 10b5-1 trading plan that Bates adopted on June 15, 2026. The filing also states that the box indicating a transaction made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c) has been checked. Following all reported sales, Bates directly beneficially owned 64,735 shares of XPO common stock, according to the filing. The form was signed by Cody Bilgrien as Attorney-in-Fact on September 15, 2026.

What Was Disclosed

The Form 4 disclosed that XPO, Inc. Chief Operating Officer David J. Bates sold 2,615 shares of common stock on September 14, 2026, under a pre-established Rule 10b5-1 plan, with weighted average sale prices ranging from $177.261 to $180.5795 per share.