secwatch.observer — SEC 8-K summary
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Issuer:     XPO, Inc. (XPO)
CIK:        0001166003
Form:       8-K
Filed at:   2021-09-14T23:59:59+00:00
Accession:  0001104659-21-115546
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

XPO Logistics appoints Ravi Tulsyan as CFO; $500K salary, $1.75M in equity awards
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- Ravi Tulsyan, 52, appointed CFO effective Sept 2, 2021; previously treasurer and deputy CFO.
- Base salary of $500,000 with target bonus of 100% of base salary.
- Initial equity: $750K RSUs (vest 50% at 2 yrs, 50% at 3 yrs) and $1M performance RSUs (vest Dec 31, 2024).
- Severance: 12 months base salary plus prorated bonus (no cause); 2x base+bonus within 2 yrs after change of control.
- Tulsyan previously held senior finance roles at ADT, Tyco, PepsiCo, and Xerox.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166003/000110465921115546/0001104659-21-115546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166003/000110465921115546/tm2127635d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-115546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer