Xos, Inc. (XOS) CEO logs 14,538-share tax withholding, holds 832,523
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xos, Inc. Chief Executive Officer Dakota Semler reported a routine tax-related share disposition. On this Form 4, 14,538 shares of common stock were withheld by the company at $3.66 per share to cover tax obligations tied to previously granted Restricted Stock Unit (RSU) awards.
These shares were not sold in the open market, but retained by the issuer to satisfy withholding requirements when RSUs vested. After this transaction, Semler directly holds 832,523 shares of common stock, and the position also includes 471,975 unvested RSUs that may settle into additional shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Semler Dakota
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,538 | $3.66 | $53K |
Holdings After Transaction:
Common Stock — 832,523 shares (Direct, null)
Footnotes (1)
- Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the Reporting Person's previously reported Restricted Stock Unit ("RSU") Awards. Each RSU represents a contingent right to receive one share of common stock upon settlement. Includes 471,975 unvested RSUs.
Key Figures
Tax-withholding shares: 14,538 shares
Withholding price: $3.66 per share
Post-transaction holdings: 832,523 shares
+1 more
4 metrics
Tax-withholding shares
14,538 shares
Withheld on tax-withholding disposition of common stock
Withholding price
$3.66 per share
Price used for 14,538 withheld shares
Post-transaction holdings
832,523 shares
Common stock held directly after transaction
Unvested RSUs
471,975 RSUs
Unvested Restricted Stock Units remaining
Key Terms
Restricted Stock Unit ("RSU") Awards, tax withholding obligations, contingent right to receive one share
3 terms
Restricted Stock Unit ("RSU") Awards financial
"in connection with the vesting of the Reporting Person's previously reported Restricted Stock Unit ("RSU") Awards"
tax withholding obligations financial
"shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting"
FAQ
What did XOS CEO Dakota Semler report in the latest Form 4?
Dakota Semler reported a tax-withholding disposition of 14,538 Xos, Inc. shares. The issuer withheld these shares at $3.66 each to cover tax obligations arising from the vesting of previously granted RSU awards, not from an open-market stock sale.
What are RSUs mentioned in the XOS Form 4 filing?
RSUs, or Restricted Stock Units, are promises to deliver shares in the future once vesting conditions are met. In this case, each RSU equals one Xos, Inc. share upon settlement, and 471,975 RSUs remain unvested for CEO Dakota Semler after the reported transaction.
Does this XOS Form 4 indicate a change in insider confidence?
The filing reflects a tax-withholding disposition, not a discretionary sale, so it provides limited insight into insider sentiment. Shares were withheld to cover tax obligations from RSU vesting, a routine mechanism in stock-based compensation rather than an open-market trading decision.