Form 4: Xos Inc. Acting CFO Liana Pogosyan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Liana Pogosyan, Acting Chief Financial Officer of Xos, Inc., reports the withholding of 293 common stock shares to cover tax obligations related to vested Restricted Stock Units (RSUs), leaving her with 9,160 shares, including 2,333 unvested RSUs.
Summary
- On July 10, 2024, Liana Pogosyan, the Acting Chief Financial Officer of Xos, Inc., had 293 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of her Restricted Stock Units (RSUs).
- The price per share for the transaction was $6.56.
- Following the transaction, Pogosyan beneficially owns 9,160 shares of Xos, Inc., including 2,333 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's stock ownership and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of transaction where 293 shares were withheld for tax obligations. |
| 07/12/2024 | Date of signature for the Form 4 filing. |
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