[144] Xos, Inc. SEC Filing
XOS (Xos, Inc.) Form 144 notice shows a proposed sale of 28,694 shares of common stock through UBS Financial Services with an aggregate market value of $86,082, scheduled approximately for 08/18/2025 on NASDAQ. The shares were acquired by the seller via RSA vesting on 06/23/2025 and payment/issuance occurred the same day. The filing lists past open-market disposals by the same person on 05/27/2025 (1,305 shares) and 05/28/2025 (3,468 shares) with stated gross proceeds. The notice includes the seller's standard representation that they have no undisclosed material adverse information about the issuer.
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Insights
TL;DR: Officer/insider plans a Rule 144 sale of vested shares; transaction size is small relative to the reported outstanding shares.
The filing discloses a planned Rule 144 disposition of 28,694 vested shares handled by UBS, with an indicated aggregate market value of $86,082 and an approximate sale date of 08/18/2025. The shares were acquired via RSA vesting on 06/23/2025. The document also reports two small prior sales in May 2025. This is a routine insider liquidity event under Rule 144 rather than an operational disclosure. Investors should note timing and broker details for execution transparency.
TL;DR: Compliance filing documents an insider sale under Rule 144; contains the standard attestations and broker routing.
The notice includes the required seller attestation about lack of undisclosed material information and provides broker identification (UBS Financial Services). The acquisition source is listed as RSA vesting, with the same-day issuance and no non-cash payment arrangements noted. This meets procedural disclosure expectations for secondary sales by insiders and supports transparency around insider share movements.