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

Xos, Inc. Director Edward J. Rapp acquired 2,401 shares of common stock through an RSU grant in lieu of a cash retainer, increasing his direct beneficial ownership.

Summary

• Edward J. Rapp, a Director and Audit Committee Chair of Xos, Inc., acquired 2,401 shares of Xos, Inc. common stock on January 10, 2026.
• These shares were granted as Restricted Stock Units (RSUs) in lieu of a cash retainer for his service as Audit Committee Chair during the fourth quarter of 2025.
• The RSUs vested immediately upon the date of grant.
• Following this transaction, Mr. Rapp directly beneficially owns 126,178 shares of Xos, Inc. common stock, which includes 62,377 unvested RSUs.
• Additionally, he indirectly beneficially owns 21,172 shares through the Edward Joseph Rapp TTEE U/A DTD 02/07/2005 trust, for which he is the trustee.

Sentiment

Score: 7

Explanation: The director's receipt of shares as compensation, which vested immediately, is a positive sign of continued alignment with the company's performance and shareholder interests, though it's a routine event.

Positives

• The acquisition of 2,401 shares by Director Edward J. Rapp, even as compensation, increases his direct stake in Xos, Inc., aligning his interests further with shareholders.
• The immediate vesting of the Restricted Stock Units (RSUs) provides Mr. Rapp with immediate ownership, reinforcing his commitment to the company's performance.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Edward J. Rapp, a Director and Audit Committee Chair, received 2,401 shares of common stock as Restricted Stock Units (RSUs) in lieu of a cash retainer for his service during Q4 2025.

Stakeholder Impact

• Shareholders: The director's increased equity stake through compensation enhances alignment of interests between management and shareholders.

Key Dates

Recommendation

This Form 4 reports a routine compensation-related stock grant to a director. While it indicates continued alignment of interests, it does not provide sufficient new information to alter a fundamental investment thesis for Xos, Inc. Therefore, a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Xos, XOS, Edward Rapp, insider transaction, Form 4, beneficial ownership, RSU, stock grant, director compensation