Form 4: Xos Inc. COO Sordoni Reports Changes in Beneficial Ownership After Tax Withholding
SEC Form 4 Filing
Giordano Sordoni, COO of Xos, Inc., reports a change in beneficial ownership due to shares withheld for tax obligations related to vesting Restricted Stock Units.
Summary
- On April 10, 2025, Giordano Sordoni, the Chief Operating Officer of Xos, Inc., had 33,287 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, Sordoni directly owns 1,126,057 shares of Xos, Inc., which includes 223,631 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- Shareholders are informed about changes in beneficial ownership by a company insider.
- The transaction has a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of transaction where shares were withheld for tax obligations. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Xos, Inc., Sordoni, RSU, Tax Withholding, Common Stock, COO
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