Troy Cooper
On June 10, 2024, the Board of Directors of RXO, Inc. (the “Company”) appointed Mr. Troy Cooper as a Class II Director.
Highest-materiality recent filing
RXO shareholders elect directors, approve auditor and compensation plan at 2026 annual meeting
All 8 director nominees elected; Thomas Szlosek received 138.22M for, 11.23M against (closest vote).
RXO Q1 net loss widens to $36M; sees Q2 adjusted EBITDA $27-37M
Revenue $1.4B, flat YoY; GAAP diluted loss $0.21/sh, adjusted loss $0.09/sh.
RXO closes $400M 6.375% senior notes offering; redeems 7.500% notes due 2027
$400M aggregate principal of 6.375% Senior Notes due 2031 issued.
RXO prices $400M 6.375% Senior Notes due 2031; proceeds to redeem 7.5% 2027 notes
$400M aggregate principal at 6.375% due 2031, issued at 100.00%.
RXO to issue $400M 2031 senior notes to redeem 7.500% 2027 notes
Offering $400M aggregate principal of senior unsecured notes due 2031 in a private placement.
RXO Q4 net loss $46M ($0.27/sh), revenue $1.5B; Q1 EBITDA guidance $5M-$12M
Revenue $1.5B, down from $1.7B YoY; GAAP net loss $46M vs loss $25M; adjusted EPS loss $0.07.
RXO appoints Daniel Morris as CAO; Jason Kerr to retire effective May 15, 2026
Daniel Morris appointed Chief Accounting Officer, effective May 15, 2026; he previously served as VP of accounting since RXO's separation from XPO.
RXO Q3 2025: Revenue $1.4B, GAAP net loss $14M; Q4 adj EBITDA guidance $20-30M
Revenue $1.4B (vs $1.0B in Q3 2024); GAAP net loss $14M vs $243M loss; adjusted EPS $0.01.
RXO Q2 2025 revenue $1.4B, net loss $9M, adj. EBITDA $38M; Q3 guide $33-43M
GAAP net loss $9M ($0.05 diluted loss); adjusted EPS $0.04.
RXO stockholders elect directors, ratify auditor, approve say-on-pay at 2025 annual meeting
All six director nominees elected with >99% support; broker non-votes ~7.2M shares.
RXO Q1 revenue $1.4B, loss widens; raises Coyote synergy to >$70M
Revenue $1.4B (up from $913M YoY); GAAP net loss $31M vs $15M loss prior year.
RXO Q4 revenue $1.7B, adj. EBITDA $42M; raises Coyote cost synergy to ≥$50M
GAAP net loss $20M vs net income $2M YoY; adjusted net income $10M; diluted EPS -$0.12, adj. EPS $0.06.
RXO shareholders approve issuance of up to 3.7M shares upon exercise of pre-funded warrants
Special meeting on Dec 5, 2024: 135.6M votes for, 79k against, 27.7k abstain on issuance proposal.
RXO Q3 revenue $1.04B; GAAP net loss $243M on Coyote costs; raises synergy to at least $40M
Revenue $1.04B vs $976M; GAAP net loss $243M includes $248M in Coyote transaction costs; adjusted net income $7M.
RXO files prospectus supplement for resale of 28.5M shares by selling stockholders
Filed prospectus supplement for resale of 28,514,952 shares by certain selling stockholders.
RXO amends bylaws to eliminate board nominee resignation requirement
Board adopted amendments to Bylaws effective September 23, 2024.
RXO completes $1.025B acquisition of Coyote Logistics from UPS
Closed on Sept 16, 2024; purchase price of $1.025 billion in cash.
RXO upsizes and prices $500M common stock offering at $26/share to fund Coyote Logistics acquisition
RXO upsized offering to $500M gross proceeds, priced 19,230,770 shares at $26.00/share; underwriter option for additional 2,884,615 shares.
RXO files Coyote Logistics financials for $1.025B acquisition from UPS
RXO to acquire Coyote Logistics (UPS's truckload brokerage) for $1.025B cash.
RXO announces $350M common stock offering to partly fund Coyote Logistics acquisition from UPS
$350M common stock offering; underwriters option for additional $52.5M.
RXO raises $550M via private placement of stock and warrants for Coyote deal
Entered purchase agreements with MFN Partners and Orbis Investments for $550M private placement.
RXO amends credit facility to add $200M term loan for Coyote acquisition, extends revolver maturity
Amendment No. 4 adds a $200 million delayed draw term facility to fund the Coyote Acquisition from UPS.
RXO Q2 net loss $7M; Brokerage volume up 4%, adjusted EBITDA $28M
Revenue $930M (down 3% YoY); GAAP diluted loss per share $0.06; adjusted EPS $0.03.
HSR waiting period expired Aug 1, 2024, clearing key antitrust hurdle for the acquisition.
RXO acquires UPS's Coyote Logistics for $1.025B to become #3 North American freight broker
Purchase price $1.025B cash; deal expected to close by end of 2024, subject to HSR and customary conditions.
RXO appoints Troy Cooper to Board of Directors effective June 10, 2024
Troy Cooper appointed as Class II Director; will not serve on any board committee.
RXO stockholders elect directors Breves and Kingshott; ratify auditor; approve say-on-pay
Christine Breves elected as Class II director with 100M for, 1.4M against; Adrian Kingshott with 98.1M for, 3.4M against.
RXO reports Q1 2024 net loss of $15M, revenue down to $0.9B, brokerage volume up 11% YoY
GAAP net loss $15M (diluted loss per share $0.13) vs net income $0 in Q1 2023.
On June 10, 2024, the Board of Directors of RXO, Inc. (the “Company”) appointed Mr. Troy Cooper as a Class II Director.
Max materiality 0.90 · Median 0.65 · Most common event earnings