Form 4: Xos, Inc. CFO Discloses Routine Stock Withholding for Tax Obligations
Insider Transaction Report
Xos, Inc.'s Acting Chief Financial Officer, Liana Pogosyan, reported the disposition of 927 shares of common stock at $3.35 per share to cover tax withholding obligations related to vested Restricted Stock Units.
Summary
- Liana Pogosyan, Acting Chief Financial Officer of Xos, Inc., reported a transaction on June 10, 2025.
- The transaction involved the disposition of 927 shares of Xos, Inc. common stock.
- The shares were disposed of at a price of $3.35 per share.
- This disposition was made to satisfy tax withholding obligations associated with the vesting of previously reported Restricted Stock Unit (RSU) Awards.
- Following this transaction, Ms. Pogosyan beneficially owns 51,291 shares of common stock, which includes 37,543 unvested RSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes related to RSU vesting, not an open market sale or purchase indicating a change in insider sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically related to compensation and tax obligations, and does not provide broader industry context or trends for the electric vehicle or logistics technology sectors in which Xos, Inc. operates.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in investment sentiment by the insider.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 06/10/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 06/12/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
Xos Inc., XOS, Liana Pogosyan, Form 4, SEC filing, insider transaction, Restricted Stock Units, RSU, tax withholding, common stock, corporate officer
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