Form 4: Xos Inc. CEO Dakota Semler Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dakota Semler, CEO of Xos, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to RSU vesting.
Summary
- On September 10, 2024, Dakota Semler, the CEO of Xos, Inc., had 1,531 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 476,692 shares of Xos, Inc., including 333,991 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 regarding changes in beneficial ownership, and does not contain information that would significantly impact sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it relates to tax obligations on vested RSUs.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction involving share withholding for tax obligations. |
| 09/12/2024 | Date of signature for the Form 4 filing. |
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