Form 4: Xos Director Edward Rapp Boosts Stake with RSU Grant

Xos, Inc. Director Edward J. Rapp acquired 1,883 shares of common stock through an RSU grant for his Q3 2025 Audit Committee Chair service, increasing his direct beneficial ownership to 123,777 shares.

Summary

• Edward J. Rapp, a Director and Audit Committee Chair of Xos, Inc., acquired 1,883 shares of common stock.
• These shares were granted as Restricted Stock Units (RSUs) in lieu of a cash retainer for his service in Q3 2025.
• The RSUs vested immediately upon grant on October 10, 2025.
• Following this transaction, Rapp directly beneficially owns 123,777 shares of Xos, Inc. common stock, which includes 62,377 unvested RSUs.
• Additionally, Rapp indirectly beneficially owns 21,172 shares through the Edward Joseph Rapp TTEE U/A DTD 02/07/2005 trust, of which he is trustee.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as compensation, generally indicates alignment of interests. The immediate vesting is a positive. However, it's not an open market purchase, which would signal stronger confidence.

Positives

• A director received additional equity compensation, aligning interests with shareholders.
• The Restricted Stock Units (RSUs) vested immediately upon grant, indicating immediate ownership.

Negatives

• The shares were acquired at a price of $0, indicating compensation rather than an open market purchase at a market price.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through equity compensation.

Key Dates

Recommendation

This Form 4 filing details a routine equity compensation grant to a director and does not provide new information that would fundamentally alter the investment thesis for Xos, Inc. While insider ownership alignment is generally positive, this is not an open market purchase signaling strong new conviction. Therefore, a 'hold' recommendation is appropriate as this filing alone does not warrant a change in investment strategy.

Keywords

Xos Inc, XOS, Edward J Rapp, Director, Audit Committee, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Equity Compensation, Beneficial Ownership