Form 4: Xos Inc. Acting CFO Liana Pogosyan Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Liana Pogosyan, Acting Chief Financial Officer of Xos, Inc., reports the withholding of 631 common stock shares to cover tax obligations related to RSU vesting on April 10, 2024.
Summary
- On April 10, 2024, Liana Pogosyan, the Acting Chief Financial Officer of Xos, Inc., had 631 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of her Restricted Stock Unit (RSU) award.
- The transaction was executed at a price of $8.58 per share.
- Following the transaction, Pogosyan directly owns 13,179 shares of Xos, Inc., which includes 5,327 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to tax withholding, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: 631 shares of common stock withheld for tax obligations related to RSU vesting. |
| 04/12/2024 | Date of signature for the Form 4 filing. |
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