Form 4: Xos, Inc. COO Sordoni Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Giordano Sordoni, COO of Xos, Inc., reports the withholding of shares to cover tax obligations related to the vesting of restricted stock units.
Summary
- On February 10, 2025, Giordano Sordoni, Chief Operating Officer of Xos, Inc., had 3,806 common stock shares withheld to cover tax obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
- The price per share for the withholding was $3.12.
- Following the transaction, Sordoni directly owns 1,163,150 shares of common stock, which includes 322,561 unvested RSUs.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (tax withholding) and doesn't inherently indicate positive or negative sentiment. It's a neutral compliance filing.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of Power of Attorney execution. |
| 02/10/2025 | Date of the transaction (share withholding). |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Xos, Inc., Giordano Sordoni, COO, share withholding, restricted stock units, RSU, tax obligations, beneficial ownership, insider trading
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