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 vested Restricted Stock Units (RSUs).
Summary
- On May 10, 2025, Dakota Semler, the CEO of Xos, Inc., had 6,204 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of previously reported Restricted Stock Unit (RSU) awards at a price of $3.82.
- Following the transaction, Semler beneficially owns 464,247 shares of Xos, Inc., which includes 220,180 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 05/10/2025 | Date of transaction involving the withholding of shares for tax obligations. |
| 05/13/2025 | Date of signature for the Form 4 filing. |
Keywords
Xos, Inc., Dakota Semler, beneficial ownership, Form 4, RSU, restricted stock units, tax withholding, securities, CEO
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