Form 4: Xos Inc. General Counsel Christen T Romero Reports Stock Transaction
SEC Form 4 Filing
Christen T Romero, General Counsel of Xos, Inc., reports the withholding of 1,396 common stock shares to cover tax obligations related to RSU vesting, leaving a total of 80,512 shares beneficially owned.
Summary
- On May 10, 2024, Christen T Romero, the General Counsel of Xos, Inc., engaged in a transaction involving the company's common stock.
- A total of 1,396 shares were withheld by Xos, Inc. to satisfy tax withholding obligations related to the vesting of Romero's Restricted Stock Units (RSUs).
- The price per share for the transaction was $7.66.
- Following the transaction, Romero beneficially owns 80,512 shares of Xos, Inc., which includes 54,915 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This 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 minimal direct impact on stakeholders, as it primarily concerns the executive's tax obligations and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock transaction where shares were withheld for tax obligations. |
| 05/14/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.