4/A: Xos Inc. General Counsel Christen Romero Files Amended Form 4: Corrects Tax Withholding on RSU Vesting
SEC Filing
Christen Romero, General Counsel of Xos, Inc., filed an amended Form 4 to correct the number of shares withheld for tax obligations related to the vesting of Restricted Stock Units (RSUs).
Summary
- Christen Romero, General Counsel of Xos, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares withheld by Xos to satisfy tax obligations related to the vesting of Romero's previously reported RSU award.
- The original Form 4 was filed on June 12, 2024.
- The correction was made due to an error in tax withholding rates that was recently discovered and corrected.
- As a result of the transaction on June 10, 2024, Romero directly owns 79,400 shares of Xos, Inc. common stock, which includes 52,413 unvested RSUs.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error, indicating standard operational procedures. It doesn't suggest any significant positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction where shares were withheld for tax obligations. |
| 06/12/2024 | Date of original Form 4 filing. |
| 07/26/2024 | Date of amended Form 4 filing. |
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