Tax withholding uses 3,787 Xos (XOS) shares from COO RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xos, Inc. Chief Operating Officer and director Giordano Sordoni reported a tax-withholding share disposition related to equity compensation. On February 10, 2026, 3,787 shares of common stock were withheld at $2.23 per share to cover taxes on vesting restricted stock units.
After this transaction, Sordoni directly beneficially owned 1,735,898 shares of Xos common stock, including 771,078 unvested RSUs. This filing reflects an administrative tax-settlement event rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sordoni Giordano
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,787 | $2.23 | $8K |
Holdings After Transaction:
Common Stock — 1,735,898 shares (Direct)
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 771,078 unvested RSUs.
FAQ
What did Xos (XOS) COO Giordano Sordoni report in this Form 4?
Giordano Sordoni reported shares withheld for taxes tied to vesting restricted stock units. On February 10, 2026, 3,787 Xos common shares were withheld at $2.23 each to satisfy tax obligations, an administrative equity-compensation event rather than an open-market trade.
Is the Xos (XOS) COO’s Form 4 a stock sale on the open market?
No, the filing reflects a tax-withholding disposition, not an open-market sale. The 3,787 shares were withheld by Xos to satisfy tax obligations from vesting RSUs, classified under code F for payment of tax liability by delivering securities.
What role do restricted stock units (RSUs) play in this Xos (XOS) Form 4?
The transaction stems from vesting RSU awards held by the COO. Shares were withheld to pay taxes triggered by vesting, and the COO’s remaining holdings include 771,078 unvested RSUs, each convertible into one share of Xos common stock upon settlement.