RXO, Inc. Files Definitive Proxy Statement for Dec 5th Meeting
Ticker: RXO · Form: DEF 14A · Filed: Oct 28, 2024 · CIK: 1929561
| Field | Detail |
|---|---|
| Company | Rxo, Inc. (RXO) |
| Form Type | DEF 14A |
| Filed Date | Oct 28, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01, $20.21, $20.20, $550.0 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, governance, auditor-ratification
Related Tickers: RXO
TL;DR
RXO proxy filed. Vote on directors & auditors Dec 5.
AI Summary
RXO, Inc. filed its definitive proxy statement (DEF 14A) on October 28, 2024, for its annual meeting of stockholders scheduled for December 5, 2024. The filing outlines the company's corporate governance, executive compensation, and proposals to be voted on by shareholders. Key items include the election of directors and the ratification of PricewaterhouseCoopers LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2024.
Why It Matters
This filing provides shareholders with crucial information regarding company leadership, executive pay, and voting matters, enabling informed participation in corporate decision-making.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that details corporate governance and upcoming shareholder votes, not a filing indicating new financial distress or significant operational changes.
Key Numbers
- 20241205 — Annual Meeting Date (Shareholders will vote on proposals at this date.)
- 20241028 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
Key Players & Entities
- RXO, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Proposed independent auditor
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to provide shareholders with information for the annual meeting on December 5, 2024, including details on director nominations, executive compensation, and other corporate matters, and to solicit their votes.
Who is RXO, Inc. proposing to serve as its independent registered public accounting firm for the fiscal year ending December 31, 2024?
RXO, Inc. is proposing to ratify the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2024.
When is the annual meeting of stockholders for RXO, Inc.?
The annual meeting of stockholders is scheduled for December 5, 2024.
What is the filing date of this definitive proxy statement?
This definitive proxy statement was filed on October 28, 2024.
What is RXO, Inc.'s Standard Industrial Classification (SIC) code?
RXO, Inc.'s Standard Industrial Classification (SIC) code is 4700, which falls under Transportation Services.
Filing Stats: 4,839 words · 19 min read · ~16 pages · Grade level 11.2 · Accepted 2024-10-28 16:06:21
Key Financial Figures
- $0.01 — f the Company's common stock, par value $0.01 per share ("Common Stock"), at a purcha
- $20.21 — "Common Stock"), at a purchase price of $20.21 per share and (ii) pre-funded warrants
- $20.20 — of Common Stock, at a purchase price of $20.20 per warrant, to MFN Partners, LP ("MFN"
- $550.0 m — in an aggregate amount of approximately $550.0 million, before deducting offering expens
Filing Documents
- ny20037166x2_def14a.htm (DEF 14A) — 262KB
- logo_rxo.jpg (GRAPHIC) — 13KB
- ny20037166x2_date.jpg (GRAPHIC) — 7KB
- ny20037166x2_pc01.jpg (GRAPHIC) — 516KB
- ny20037166x2_pc02.jpg (GRAPHIC) — 426KB
- ny20037166x2_place.jpg (GRAPHIC) — 5KB
- ny20037166x2_record.jpg (GRAPHIC) — 6KB
- ny20037166x2_tick.jpg (GRAPHIC) — 4KB
- ny20037166x2_tickx1.jpg (GRAPHIC) — 4KB
- sig_bjacobs.jpg (GRAPHIC) — 18KB
- 0001140361-24-044423.txt ( ) — 1641KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 9 OTHER MATTERS 11 PROXY SOLICITATION AND COSTS 11 STOCKHOLDER PROPOSALS AND NOMINATIONS FOR ANNUAL MEETING 11 WHERE YOU CAN FIND MORE INFORMATION 12 ADDITIONAL INFORMATION 13 References in this proxy statement to "RXO," the "Company," "we," "us" or "our" refer to RXO, Inc. and include all of its consolidated subsidiaries, unless otherwise indicated or the context requires otherwise. References to the "Board" refer to our Board of Directors. 2024 RXO, Inc. TABLE OF CONTENTS Proxy Statement Summary This proxy statement sets forth information relating to the solicitation of proxies by the Board in connection with a special meeting of stockholders (the "Special Meeting") or any adjournment or postponement of the Special Meeting. This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all the information that you should consider, and you should read the entire proxy statement carefully before voting. Special Meeting of Stockholders This proxy statement and form of proxy are first being mailed on or about October 28, 2024, to our stockholders of record as of the close of business on October 23, 2024 (the "Record Date"). Date and Time Place Record Date Thursday, December 5, 2024 at 7:30 a.m. Eastern Time Virtual Meeting Site: www.virtualshareholdermeeting.com/RXO2024SM You can vote if you were a stockholder of record as of the close of business on October 23, 2024 Admission: You are invited to attend the Special Meeting. The Special Meeting will be a virtual meeting of stockholders. You will be able to attend the Special Meeting at www.virtualshareholdermeeting.com/RXO2024SM . You will need to provide the control number on your proxy card to access the Special Meeting. Voting Matters and Board Recommendation The Board is not aware of any matter that will be presented for a vote at the Special Meeting other tha