Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

GXO Logistics (GXO)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,628,275
Patrick Kelleher total, FY2025
11th
CEO pay percentile vs peers
179:1
CEO-to-median pay ratio
62.44%
Say-on-pay support, latest vote
Companies that benchmark against GXO
6 companies name GXO as a compensation peer

Each company listed discloses GXO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GXO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Kelleher$239,615$661,178$6,506,536$0$60,226$0$160,720$7,628,275
Chief Executive Officer
Malcolm Wilson886,697000004,045,9424,932,639
Former Chief Executive Officer
Baris Oran650,00001,803,7050819,728024,4363,297,869
Chief Financial Officer
Richard Cawston608,88801,634,2490712,533073,9023,029,572
Chief Revenue Officer
Corinna Refsgaard529,83601,625,6600573,2360138,2562,866,988
Chief Human Resources Officer
Karlis Kirsis559,46001,264,7320590,433046,1212,460,746
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Patrick Kelleher$7,628,275
Malcolm Wilson4,932,6395,531,7916,733,662−599,152
Baris Oran3,297,8692,517,7823,429,435+780,087
Richard Cawston3,029,5722,639,2863,137,449+390,286
Corinna Refsgaard2,866,9881,379,664+1,487,324
Karlis Kirsis2,460,7462,069,8702,478,107+390,876

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Laura WilkinDirector2026-05-13D5,012$0$0Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-13A5,01200CommonForm 4 ↗
Michael KneelandDirector2026-05-13A2,91500CommonForm 4 ↗
Matthew FasslerDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Marlene ColucciDirector2026-05-13A5,01200CommonForm 4 ↗
Julio NemethDirector2026-05-13A5,01200CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A33900CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A2,92600CommonForm 4 ↗
Todd CooperDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13D2,92600Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13A5,01200CommonForm 4 ↗
Julio NemethDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-133391 insider, 1 accrual row
Michael KneelandDirector2026-05-13D2,91500Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-20A4,84700Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D7465137,822CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01A3,06300CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D3,06300Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 32 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Laura WilkinDirector2026-05-13D5,012$0$0Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-13A5,01200CommonForm 4 ↗
Michael KneelandDirector2026-05-13A2,91500CommonForm 4 ↗
Matthew FasslerDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Marlene ColucciDirector2026-05-13A5,01200CommonForm 4 ↗
Julio NemethDirector2026-05-13A5,01200CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A33900CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A2,92600CommonForm 4 ↗
Todd CooperDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13D2,92600Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13A5,01200CommonForm 4 ↗
Julio NemethDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13D33900Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-13D2,91500Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-20A4,84700Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D7465137,822CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01A3,06300CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D3,06300Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Karlis KirsisRSU2025-03-0717,061$650,024
Richard CawstonRSU2025-03-0719,686750,037
Corinna RefsgaardPSU2025-03-075,90611,81223,624425,586
Baris OranPSU2025-03-0717,22534,44968,8981,241,197
Corinna RefsgaardRSU2025-03-0719,686750,037
Richard CawstonPSU2025-03-0712,27124,54149,082884,212
Malcolm WilsonPSU2024-03-0731,60263,203126,4063,086,835
Patrick KelleherRSU2025-08-1929,8051,250,022
Karlis KirsisPSU2025-03-078,53117,06134,122614,708
Patrick KelleherPSU2025-08-1981,069182,4055,256,514
Corinna RefsgaardRSU2025-03-0711,812450,037
Malcolm WilsonRSU2024-03-0727,0871,350,016
Baris OranRSU2025-03-0714,764562,508
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Karlis Kirsis$650,024$614,708$048.6%
Richard Cawston750,037884,212054.1%
Corinna Refsgaard1,200,074425,586026.2%
Baris Oran562,5081,241,197068.8%
Malcolm Wilson1,350,0163,086,835069.6%
Patrick Kelleher1,250,0225,256,514080.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Malcolm WilsonOption184,71464.91
Baris OranOption65,97065.6
Corinna RefsgaardRSU36,8491,939,731
Patrick KelleherPSU81,0694,267,472
Richard CawstonRSU67,8213,570,097
Karlis KirsisRSU53,0762,793,921
Karlis KirsisOption13,19364.13
Richard CawstonPSU49,6232,612,155
Baris OranPSU60,7843,199,670
Corinna RefsgaardPSU19,8381,044,272
Karlis KirsisPSU30,1031,584,622
Richard CawstonOption49,47764.91
Baris OranRSU71,0033,737,598
Malcolm WilsonRSU75,3913,968,582
Patrick KelleherRSU29,8051,568,935
Malcolm WilsonPSU40,5612,135,131
05

Incentive-plan design — the Compensation Discussion & Analysis

GXO's executive compensation philosophy is founded on the following core objectives: Attract high-impact, results-oriented executives who will contribute to GXO's goals of enhancing financial performance, growing our business and maximizing stockholder value. Ensure that each executive receives market-competitive total compensation that drives performance and encourages his or her long-term retention through business and individual performance assessments. Maintain executives' focus on the company's top priorities and advancement of our goals of profitable growth, innovation, operational excellence and customer satisfaction. Set ambitious targets that incentivize our executives to drive long-term stockholder value creation without unnecessary risk. Align the interests of our executives with those of our stockholders by emphasizing high growth and high returns in our long-term, performance-based incentives.

CEO STI target (% of salary)160%
CEO LTI target (% of salary)
Independent consultantF.W. Cook
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2061,052,49134,140,9142,589,52362.44%Passed
20252025-05-1388,325,84110,874,029216,39488.84%Passed
20242024-05-2190,567,22710,065,553114,00589.9%Passed
20232023-05-2489,116,24510,700,29598,92989.19%Passed
20222022-05-2489,134,7634,221,4861,803,16093.67%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2062.44%a
20252025-05-1388.84%b
20242024-05-2189.9%c

a. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

b. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

c. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)179 : 1
CEO total compensation$7,628,275
Median employee compensation$42,718
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brad JacobsNot independent · Departed during FY$180,000$256,785$0$0$436,785
Marlene ColucciIndependent · Lead Independent Director · Compensation · Nominating, Corporate Governance and Sustainability105,000203,28700308,287
Matthew FasslerIndependent · Compensation · Audit80,000203,28700283,287
Kyle WismansIndependent · Audit (Chair) · Partial-year service66,635203,28700269,922
Julio NemethIndependent · Nominating, Corporate Governance and Sustainability (Chair) · Operational Excellence · Partial-year service63,462203,28700266,749
Torsten PilzIndependent · Operational Excellence (Chair) · Compensation · Partial-year service63,462203,28700266,749
Todd CooperIndependent · Compensation (Chair) · Audit · Operational Excellence · Partial-year service63,462203,28700266,749
Jason PapastavrouIndependent · Audit · Nominating, Corporate Governance and Sustainability · Departed during FY · Partial-year service53,885203,28700257,172
Laura WilkinIndependent · Compensation · Operational Excellence · Partial-year service50,769203,28700254,056
Patrick ByrneIndependent · Board Chair · Nominating, Corporate Governance and Sustainability · Partial-year service33,913168,76800202,681
Michael KneelandIndependent · Nominating, Corporate Governance and Sustainability · Operational Excellence · Partial-year service33,696145,10900178,805
Oren ShafferIndependent · Departed during FY47,85700047,857
Joli GrossIndependent · Departed during FY36,81300036,813
Gena AsheIndependent · Departed during FY29,45100029,451
Clare ChatfieldIndependent · Departed during FY29,45100029,451
Malcolm WilsonEmployee director · Departed during FY00000
Patrick KelleherEmployee director · Partial-year service · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$190,016
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000
Stock ownership guidelineThe Committee maintained strong compensation governance practices in 2025, including stock ownership guidelines, clawback provisions, a prohibition on hedging and pledging without required preclearance...
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$937,856
Equity awards (grant-date value)$2,196,958
All other compensation$0
Total cost of the board$3,134,814

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies GXO Logistics names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including GXO Logistics.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Flex Ltd.2026Revathi Advaithi$1,325,000$38,446,348$0$3,950,117$44,391,138
2FedEx Corporation2026Rajesh Subramaniam1,550,0006,731,3643,715,06210,593,50027,554,018
3United Parcel Service, Inc.2025Carol Tomé1,509,71317,550,5461,358,7542,264,56922,878,788
4Emerson Electric Co.2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
5Sanmina Corporation2025Jure Sola1,221,15413,639,10003,281,25018,183,981
6Celestica Inc.2025Robert Mionis1,150,00012,438,80003,450,00017,416,332
7Iron Mountain Incorporated2025William Meaney1,195,70211,401,8322,099,9852,273,00017,047,480
8Rockwell Automation, Inc.2025Blake Moret1,210,4567,700,4213,300,0101,737,61015,401,707
9Aramark2025John Zillmer1,325,0006,809,0992,850,0163,456,70014,542,376
10Aspen Technology, Inc.2024Antonio Pietri750,00010,115,5480664,63911,541,446
11C.H. Robinson Worldwide, Inc.2025David Bozeman1,100,9626,984,38302,879,61811,045,949
12Ryder System, Inc.2025Robert Sanchez1,100,0017,159,49501,675,89410,178,386
13Avnet, Inc.2025Philip Gallagher1,200,0007,309,15701,296,0009,894,132
14Expeditors International of Washington, Inc.2025Daniel Wall100,0005,940,13403,600,7299,643,863
15Cintas Corporation2025Todd Schneider1,114,0745,589,53102,510,7259,249,676
16Rollins, Inc.2025Jerry Gahlhoff, Jr.1,100,0006,128,64301,683,0008,966,870
17GXO Logistics2025Patrick Kelleher239,6156,506,536060,2267,628,275
18Pitney Bowes Inc.2025Kurt Wolf24,769100,0073,000,000320,3513,573,306
19Americold Realty Trust, Inc.2025Robert Chambers708,0681,907,2270694,0733,524,308
The Descartes Systems Group Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
GXO Logisticsnot disclosednot disclosedYes — Relative Total Shareholder Return (rTSR) compared to the S&P MidCap 400 IndexF.W. Cook
Americold Realty Trust, Inc.not disclosedPSU 60 · RSU 40Yes — relative TSRMeridian Compensation Partners, LLC
Aramark133.0%PSU 50 · Options 30 · RSU 20NoMeridian Compensation Partners LLC
Aspen Technology, Inc.Varied by NEO (e.g., Pietri earned $664,339 against $900,000 target, ~74%; Stagno earned $122,234 against $125,528 target, ~97%; Mouritsen earned $251,922 against $325,000 target, ~78%; Breithaupt earned $38,710 against $375,000 target, ~10%)%RSUs 50 · PSUs 50NoWillis Towers Watson (WTW)
Avnet, Inc.72%RSU 50 · PSU 50NoMeridian Compensation Partners, LLC
C.H. Robinson Worldwide, Inc.171%PSU 60 · RSU 40NoSemler Brossy
Celestica Inc.200%PSU 60 · RSU 40NoWillis Towers Watson
Cintas Corporationnot disclosednot disclosednot disclosednot disclosed
Emerson Electric Co.141.5%PSU 55 · RSU 45Yes — relative total shareholder return modifier benchmark (rTSR)Exequity LLP
Expeditors International of Washington, Inc.not disclosedPSU 50 · RSU 50NoMeridian Compensation Partners, LLC
FedEx Corporation112.5%not disclosedYes — Relative TSR (FY24-FY26 LTI Cash Plan)Meridian Compensation Partners, LLC
Flex Ltd.180.68%PSU 67 · RSU 33Yes — Relative TSR (rTSR)FW Cook
Iron Mountain Incorporated105.5%PSU 85 · Options 15Yes — Relative TSR vs MSCI US REIT IndexPay Governance LLC
Pitney Bowes Inc.not disclosedOption 100 · PSU 60 · RSU 40not disclosedPay Governance
Rockwell Automation, Inc.95.7%PSU 40 · Options 30 · RSU 30NoWillis Towers Watson
Rollins, Inc.102%RSU 72 · PSU 28Yes — TSRMercer
Ryder System, Inc.90%PSU 60 · RSU 40NoFW Cook
Sanmina Corporation140%PSU 100NoExequity
The Descartes Systems Group Inc.not disclosednot disclosednot disclosednot disclosed
United Parcel Service, Inc.75%PSU 93 · Options 7Yes — Relative Total Shareowner Return (RTSR)FW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Patrick KelleherDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 7,628,275. Filing ↗machine: t205 · r5 · c14 · span 1215049–1215059
2Section 01, Malcolm WilsonDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 4,932,639. Filing ↗machine: t205 · r7 · c14 · span 1223404–1223414
3Section 01, Baris OranDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 3,297,869. Filing ↗machine: t205 · r10 · c14 · span 1235603–1235613
4Section 01, Richard CawstonDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 3,029,572. Filing ↗machine: t205 · r13 · c14 · span 1248560–1248570
5Section 01, Corinna RefsgaardDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 2,866,988. Filing ↗machine: t205 · r19 · c14 · span 1272493–1272502
6Section 01, Karlis KirsisDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 2,460,746. Filing ↗machine: t205 · r16 · c14 · span 1260392–1260402
7Section 03, Karlis Kirsis RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r21 · c20 · span 1480303–1480310
8Section 03, Richard Cawston RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r18 · c20 · span 1462958–1462965
9Section 03, Corinna Refsgaard PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t183 · r8 · c2 · span 1075147–1075153
10Section 03, Baris Oran PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r16 · c20 · span 1451871–1451880
11Section 03, Corinna Refsgaard RSUDEF 14A0001104659-26-046343Section “EXECUTIVE COMPENSATION ELEMENTS AND OUTCOMES FOR” · grants of plan-based awards table. Filing ↗machine: t186 · r3 · c2 · span 1081632–1081638
12Section 03, Richard Cawston PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r19 · c20 · span 1468422–1468429
13Section 03, Malcolm Wilson PSUDEF 14ASection “Executive Compensation” · grants of plan-based awards table.
14Section 03, Patrick Kelleher RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t186 · r2 · c2 · span 1080848–1080854
15Section 03, Karlis Kirsis PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r22 · c20 · span 1486165–1486172
16Section 03, Patrick Kelleher PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t230 · r15 · c14 · span 1592128–1592134
17Section 03, Corinna Refsgaard RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t183 · r8 · c2 · span 1075147–1075153
18Section 03, Malcolm Wilson RSUDEF 14ASection “Executive Compensation” · grants of plan-based awards table.
19Section 03, Baris Oran RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r15 · c20 · span 1446008–1446015
20Section 07, pay ratioDEF 14A2026-04-220001104659-26-046343Section “CEO Pay Ratio”. As printed: 179 : 1. Filing ↗
21Section 08, Brad JacobsDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 436,785. Filing ↗machine: t91 · r14 · c9 · span 651882–651889
22Section 08, Marlene ColucciDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 308,287. Filing ↗machine: t91 · r5 · c9 · span 629080–629087
23Section 08, Matthew FasslerDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 283,287. Filing ↗machine: t91 · r7 · c9 · span 634060–634067
24Section 08, Kyle WismansDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 269,922. Filing ↗machine: t91 · r12 · c9 · span 646779–646786
25Section 08, Julio NemethDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r9 · c9 · span 639082–639089
26Section 08, Torsten PilzDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r10 · c9 · span 641715–641722
27Section 08, Todd CooperDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r6 · c9 · span 631705–631712
28Section 08, Jason PapastavrouDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 257,172. Filing ↗machine: t91 · r18 · c9 · span 661599–661606
29Section 08, Laura WilkinDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 254,056. Filing ↗machine: t91 · r11 · c9 · span 644152–644159
30Section 08, Patrick ByrneDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 202,681. Filing ↗machine: t91 · r4 · c9 · span 626724–626731
31Section 08, Michael KneelandDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 178,805. Filing ↗machine: t91 · r8 · c9 · span 636690–636697
32Section 08, Oren ShafferDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 47,857. Filing ↗machine: t91 · r19 · c3 · span 662542–662548
33Section 08, Joli GrossDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 36,813. Filing ↗machine: t91 · r17 · c3 · span 657634–657640
34Section 08, Gena AsheDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 29,451. Filing ↗machine: t91 · r15 · c3 · span 652822–652828
35Section 08, Clare ChatfieldDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 29,451. Filing ↗machine: t91 · r16 · c3 · span 655212–655218
36Section 08, Malcolm WilsonDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 0. Filing ↗
37Section 08, Patrick KelleherDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 0. Filing ↗
38Section 02, Laura Wilkin 2026-05-13Form 42026-05-150001802557-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Laura Wilkin 2026-05-13Form 42026-05-150001802557-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Michael Kneeland 2026-05-13Form 42026-05-150001265485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Matthew Fassler 2026-05-13Form 42026-05-150001996998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Todd Cooper 2026-05-13Form 42026-05-150001972963-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Marlene Colucci 2026-05-13Form 42026-05-150001767492-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Julio Nemeth 2026-05-13Form 42026-05-150001630118-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Todd Cooper 2026-05-13Form 42026-05-150001972963-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Marlene Colucci 2026-05-13Form 42026-05-150001767492-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Kyle Wismans 2026-05-13Form 42026-05-150001852244-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Kyle Wismans 2026-05-13Form 42026-05-150001852244-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Julio Nemeth 2026-05-13Form 42026-05-150001630118-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Michael Kneeland 2026-05-13Form 42026-05-150001265485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Torsten Pilz 2026-05-13Form 42026-05-150002060473-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Matthew Fassler 2026-05-13Form 42026-05-150001996998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Torsten Pilz 2026-05-13Form 42026-05-150002060473-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Marlene Colucci 2026-05-20Form 42026-05-220001767492-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Torsten Pilz 2026-05-20Form 42026-05-220002060473-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Julio Nemeth 2026-05-20Form 42026-05-220001630118-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Laura Wilkin 2026-05-20Form 42026-05-220001802557-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Matthew Fassler 2026-05-20Form 42026-05-220001996998-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Michael Kneeland 2026-05-20Form 42026-05-220001265485-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Patrick Byrne 2026-05-20Form 42026-05-220001316476-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Kyle Wismans 2026-05-20Form 42026-05-220001852244-26-000033Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Todd Cooper 2026-05-20Form 42026-05-220001972963-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
70Section 06, 2026 voteForm 8-K2026-05-220001852244-26-000031Item 5.07 · say-on-pay result. As reported: 62.44% (votes for as printed: 61,052,491). Filing ↗
71Section 06, 2025 voteForm 8-K2025-05-150001852244-25-000068Item 5.07 · say-on-pay result. As reported: 88.84% (votes for as printed: 88,325,841). Filing ↗
72Section 06, 2024 voteForm 8-K2024-05-230001852244-24-000022Item 5.07 · say-on-pay result. As reported: 89.9% (votes for as printed: 90,567,227). Filing ↗
73Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
74Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
75Section 09b board cost (computed)ComputedcomputedCash 937,856 + equity 2,196,958 + all other 0 = 3,134,814, summed across the director compensation table rows.machine: formula: Σ = 3,134,814
76Flex Ltd., Section 10b CEO totalDEF 14ACEO total compensation as printed in Flex Ltd.'s own proxy. As printed: 44,391,138.
77FedEx Corporation, Section 10b CEO totalDEF 14A2026-08-170001104659-26-097836CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. Filing ↗machine: r1 · c54 · span 1409491–1409501
78United Parcel Service, Inc., Section 10b CEO totalDEF 14A2026-03-190001628280-26-019856CEO total compensation as printed in United Parcel Service, Inc.'s own proxy. As printed: 22,878,788. Filing ↗machine: r2 · c27 · span 899122–899132
79Emerson Electric Co., Section 10b CEO totalDEF 14A2025-12-120000032604-25-000103CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
80Sanmina Corporation, Section 10b CEO totalDEF 14A2026-01-230001308179-26-000017CEO total compensation as printed in Sanmina Corporation's own proxy. As printed: 18,183,981. Filing ↗machine: r2 · c33 · span 857789–857799
81Celestica Inc., Section 10b CEO totalDEF 14A2026-04-090001030894-26-000018CEO total compensation as printed in Celestica Inc.'s own proxy. As printed: 17,416,332. Filing ↗machine: r2 · c21 · span 1275321–1275332
82Iron Mountain Incorporated, Section 10b CEO totalDEF 14A2026-03-240001020569-26-000026CEO total compensation as printed in Iron Mountain Incorporated's own proxy. As printed: 17,047,480. Filing ↗machine: t114 · r3 · c26 · span 952014–952024
83Rockwell Automation, Inc., Section 10b CEO totalDEF 14A2025-12-220001308179-25-000665CEO total compensation as printed in Rockwell Automation, Inc.'s own proxy. As printed: 15,401,707. Filing ↗machine: t89 · r1 · c18 · span 642843–642853
84Aramark, Section 10b CEO totalDEF 14A2025-12-220001584509-25-000256CEO total compensation as printed in Aramark's own proxy. As printed: 14,542,376. Filing ↗machine: t116 · r2 · c16 · span 891967–891977
85Aspen Technology, Inc., Section 10b CEO totalDEF 14A2024-10-240001897982-24-000062CEO total compensation as printed in Aspen Technology, Inc.'s own proxy. As printed: 11,541,446. Filing ↗machine: r2 · c24 · span 565955–565965
86C.H. Robinson Worldwide, Inc., Section 10b CEO totalDEF 14A2026-03-240001043277-26-000011CEO total compensation as printed in C.H. Robinson Worldwide, Inc.'s own proxy. As printed: 11,045,949. Filing ↗machine: r3 · c39 · span 1034575–1034585
87Ryder System, Inc., Section 10b CEO totalDEF 14A2026-03-110001628280-26-016651CEO total compensation as printed in Ryder System, Inc.'s own proxy. As printed: 10,178,386. Filing ↗machine: t211 · r2 · c8 · span 970489–970499
88Avnet, Inc., Section 10b CEO totalDEF 14A2025-10-070001104659-25-097498CEO total compensation as printed in Avnet, Inc.'s own proxy. As printed: 9,894,132. Filing ↗machine: r1 · c28 · span 1404306–1404315
89Expeditors International of Washington, Inc., Section 10b CEO totalDEF 14A2026-03-240001193125-26-121388CEO total compensation as printed in Expeditors International of Washington, Inc.'s own proxy. As printed: 9,643,863. Filing ↗machine: r2 · c6 · span 687349–687359
90Cintas Corporation, Section 10b CEO totalDEF 14A2025-09-160000723254-25-000025CEO total compensation as printed in Cintas Corporation's own proxy. As printed: 9,249,676. Filing ↗machine: r2 · c27 · span 397841–397850
91Rollins, Inc., Section 10b CEO totalDEF 14A2026-03-170000084839-26-000014CEO total compensation as printed in Rollins, Inc.'s own proxy. As printed: 8,966,870. Filing ↗machine: t107 · r9 · c14 · span 774614–774623
92GXO Logistics (subject), Section 10b CEO totalDEF 14A2026-04-220001104659-26-046343CEO total compensation as printed in GXO Logistics's own proxy. As printed: 7,628,275. Filing ↗machine: t205 · r5 · c14 · span 1215049–1215059
93Pitney Bowes Inc., Section 10b CEO totalDEF 14A2026-03-300001140361-26-011982CEO total compensation as printed in Pitney Bowes Inc.'s own proxy. As printed: 3,573,306. Filing ↗machine: r2 · c27 · span 1097324–1097333
94Americold Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-04-080001628280-26-024250CEO total compensation as printed in Americold Realty Trust, Inc.'s own proxy. As printed: 3,524,308. Filing ↗machine: r2 · c24 · span 788554–788563
95Section 10a, C.H. Robinson Worldwide, Inc. reciprocityDEF 14A0001043277-26-000011C.H. Robinson Worldwide, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, Rollins, Inc. reciprocityDEF 14A0000084839-26-000014Rollins, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
97Section 10a, Flex Ltd. reciprocityDEF 14A0001308179-26-000365Flex Ltd.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
98Section 10a, Expeditors International of Washington, Inc. reciprocityDEF 14A0001193125-26-121388Expeditors International of Washington, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Avnet, Inc. reciprocityDEF 14A0001104659-25-097498Avnet, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
100Section 10a, Emerson Electric Co. reciprocityDEF 14A0000032604-25-000103Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
101Section 10a, Aspen Technology, Inc. reciprocityDEF 14A0001897982-24-000062Aspen Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
102Section 10a, Ryder System, Inc. reciprocityDEF 14A0001628280-26-016651Ryder System, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
103Section 10a, Americold Realty Trust, Inc. reciprocityDEF 14A0001628280-26-024250Americold Realty Trust, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, Celestica Inc. reciprocityDEF 14A0001030894-26-000018Celestica Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
105Section 10a, Iron Mountain Incorporated reciprocityDEF 14A0001020569-26-000026Iron Mountain Incorporated's most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
106Section 10a, Pitney Bowes Inc. reciprocityDEF 14A0001140361-26-011982Pitney Bowes Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
107Section 10a, Rockwell Automation, Inc. reciprocityDEF 14A0001308179-25-000665Rockwell Automation, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
108Section 10a, United Parcel Service, Inc. reciprocityDEF 14A0001628280-26-019856United Parcel Service, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
109Section 10a, Sanmina Corporation reciprocityDEF 14A0001308179-26-000017Sanmina Corporation's most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗