Form 4: Xos, Inc. CEO Dakota Semler Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO Dakota Semler reports a transaction involving the withholding of shares to cover tax obligations related to vested Restricted Stock Units (RSUs).
Summary
- On October 10, 2024, Dakota Semler, CEO of Xos, Inc., had 842 shares of common stock withheld by the issuer to cover tax obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
- Following this transaction, Semler directly owns 475,850 shares of common stock, which includes 331,633 unvested RSUs.
- Semler also indirectly owns 5,626 shares through GenFleet LLC and 1,791,530 shares through Emerald Green Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is a routine part of corporate governance and transparency, providing insight into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of transaction where shares were withheld for tax obligations. |
| 10/16/2024 | Date of signature on the Form 4 filing. |
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