Form 4: Xos CEO Dakota Semler Sells Shares for Tax Obligations

Xos, Inc. CEO Dakota Semler disposed of 119,164 shares of common stock on March 10, 2026, to cover tax withholding obligations related to RSU vesting.

Summary

• Dakota Semler, Chief Executive Officer and Director of Xos, Inc., reported a transaction on March 10, 2026.
• The transaction involved the disposition of 119,164 shares of Xos, Inc. common stock.
• The shares were disposed of at a price of $2.06 per share.
• This disposition was classified as an 'F' transaction, indicating shares withheld by the Issuer to satisfy tax withholding obligations.
• The tax obligations were incurred in connection with the vesting of previously reported Restricted Stock Unit (RSU) Awards.
• Following this transaction, Dakota Semler beneficially owns 906,137 shares of common stock, which includes 554,339 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares was a non-discretionary transaction to cover tax obligations arising from RSU vesting, a routine occurrence for executives.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction related to equity compensation, which is common across all industries for executives receiving Restricted Stock Units. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or operational performance.

Key Dates

Recommendation

The filing details a routine, non-discretionary sale of shares by the CEO to cover tax obligations associated with RSU vesting. This type of transaction is common for executives and does not indicate a change in the company's fundamentals or the insider's long-term view. Therefore, a seasoned investor or institution would likely maintain their current position, leading to a 'hold' recommendation based solely on this filing.

Keywords

Xos, Inc., XOS, Dakota Semler, Form 4, insider transaction, stock sale, RSU, tax withholding, equity compensation