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 643 shares for tax obligations and ownership of 9,453 shares of common stock, including unvested RSUs.
Summary
- On June 10, 2024, Liana Pogosyan, the Acting Chief Financial Officer of Xos, Inc., reported a change in beneficial ownership of the company's common stock.
- The transaction involved the withholding of 643 shares to cover tax obligations related to the vesting of a previously reported Restricted Stock Unit (RSU) award.
- The shares were withheld by the issuer at a price of $7.33 per share.
- Following the transaction, Pogosyan beneficially owns 9,453 shares of Xos, Inc. common stock, which includes 2,887 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by the Acting CFO of Xos, Inc.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: shares withheld for tax obligations related to RSU vesting. |
| 06/12/2024 | Date of signature for the Form 4 filing. |
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