Form 4: Xos Inc. CEO Dakota Semler Reports Share Transaction

Dakota Semler, CEO of Xos, Inc., reports the disposal of 4,121 common stock shares to cover tax obligations related to RSU vesting on February 10, 2025.

Summary

• On February 10, 2025, Dakota Semler, the CEO of Xos, Inc., disposed of 4,121 shares of common stock.
• The transaction was executed to cover tax withholding obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
• The shares were disposed of at a price of $3.12 per share.
• Following the transaction, Semler directly owns 509,513 shares of Xos, Inc., which includes 345,218 unvested RSUs.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, like the CEO, engages in a transaction involving the company's stock. It provides transparency to the market regarding the holdings and transactions of key individuals within the company.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Xos Inc., Dakota Semler, Form 4, SEC Filing, Stock Transaction, RSU, Common Stock, Beneficial Ownership