Form 4: Xos Inc. General Counsel Reports Tax Withholding on RSU Vesting
SEC Form 4 Filing
Christen T. Romero, General Counsel of Xos, Inc., reports the withholding of shares to cover tax obligations related to the vesting of Restricted Stock Units.
Summary
- On July 10, 2024, Christen T. Romero, General Counsel of Xos, Inc., had 1,112 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
- The price per share for the tax withholding was $6.56.
- Following the transaction, Romero directly owns 78,288 shares of Xos, Inc., which includes 49,911 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of transaction: Shares withheld for tax obligations related to RSU vesting. |
| 07/26/2024 | Date of signature on the Form 4 filing. |
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