$RXO Inc (RXO.US)$ 10% Shareholder MFN Partners, LP purchased 1.25 million shares of common stock on Apr 17, 18, 19, 2024 at an average price of $19.51 for a total value of $24.31 million.
This transaction involves other related parties: MFN Partners GP, LLC, MFN Partners Management, LP, MFN Partners Management, LLC, DeMichele Michael and NANJI FARHAD.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.