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RXO Inc(RXO.US) 10% Shareholder Buys US$2.72 Million in Common Stock

moomoo News ·  May 6 17:18

$RXO Inc (RXO.US)$ 10% Shareholder MFN Partners, LP purchased 135.07K shares of common stock on May 2, 3, 2024 at an average price of $20.13 for a total value of $2.72 million.

This transaction involves other related parties: MFN Partners GP, LLC, MFN Partners Management, LP, MFN Partners Management, LLC, DeMichele Michael and NANJI FARHAD.

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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.

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