Form 4: Xos Inc. General Counsel Christen T Romero Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christen T Romero, General Counsel of Xos Inc., reports the withholding of 1,117 common stock shares to cover tax obligations related to RSU vesting, leaving a total of 79,395 shares beneficially owned.
Summary
- On June 10, 2024, Christen T Romero, the General Counsel of Xos, Inc., had 1,117 shares of common stock withheld by the issuer to cover tax obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
- The price per share for the transaction was $7.33.
- Following the transaction, Romero beneficially owns 79,395 shares of common stock, which includes 52,413 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction where shares were withheld for tax obligations. |
| 06/12/2024 | Date of signature for the Form 4 filing. |
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