Form 4: Xos, Inc. CEO Dakota Semler Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dakota Semler, CEO of Xos, Inc., reports the withholding of shares to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- Dakota Semler, the CEO of Xos, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 10, 2025, 34,941 shares of common stock were withheld to satisfy tax obligations related to the vesting of previously reported Restricted Stock Unit (RSU) awards at a price of $3.39.
- Following the transaction, Semler directly owns 470,451 shares of Xos, Inc., which includes 237,513 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction (tax withholding). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and major shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of transaction: Shares withheld for tax obligations related to RSU vesting. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Dakota Semler, Xos, Inc., RSU, Stock, Tax Withholding
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