Xos (XOS) director sells 9,356 shares in 10b5-1 plan trades
Rhea-AI Filing Summary
Xos, Inc. (XOS) reports that director Michael Paul Richardson sold a total of 9,356 shares of Common Stock in three open-market transactions on July 15–17, 2026, at weighted average prices around $2.11–$2.31 per share. The amendment clarifies these trades were Code “S” sales under a Rule 10b5-1 trading plan adopted on September 16, 2025, correcting an earlier miscoding as Code “D”, with no other changes to the original report. Post-transaction holdings include 60,584 unvested RSUs.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 9,356 shares
Net Sell
3 txns
Insider
Richardson Michael Paul
Role
Director
Sold
9,356 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F5, F3 | 3,118 | $2.1487 | $7K |
| Sale | Common Stock F1, F4, F3 | 3,119 | $2.1674 | $7K |
| Sale | Common Stock F1, F2, F3 | 3,119 | $2.3067 | $7K |
Holdings After Transaction:
Common Stock — 129,135 shares (Direct)
Footnotes (5)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2025.
- F2. Represents weighted average sales price. The shares were sold at prices ranging from $2.23 to $2.40. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3. Includes 60,584 unvested RSUs.
- F4. Represents weighted average sales price. The shares were sold at prices ranging from $2.12 to $2.32. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5. Represents weighted average sales price. The shares were sold at prices ranging from $2.11 to $2.18. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Total shares sold: 9,356 shares of Common Stock
Sale on July 15, 2026: 3,119 shares at $2.3067 (weighted average)
Sale on July 16, 2026: 3,119 shares at $2.1674 (weighted average)
+3 more
6 metrics
Total shares sold
9,356 shares of Common Stock
Aggregate of three open-market sales on July 15–17, 2026
Sale on July 15, 2026
3,119 shares at $2.3067 (weighted average)
Open-market sale of Xos Common Stock on 2026-07-15
Sale on July 16, 2026
3,119 shares at $2.1674 (weighted average)
Open-market sale of Xos Common Stock on 2026-07-16
Sale on July 17, 2026
3,118 shares at $2.1487 (weighted average)
Open-market sale of Xos Common Stock on 2026-07-17
Unvested RSUs included in holdings
60,584 unvested RSUs
Equity awards included in post-transaction holdings per footnote
Rule 10b5-1 plan adoption date
September 16, 2025
Date the reporting person adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, unvested RSUs, Transaction Codes
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"Represents weighted average sales price. The shares were sold at prices ranging"
unvested RSUs financial
"Includes 60,584 unvested RSUs."
Transaction Codes regulatory
"This Amendment is filed solely to correct the Transaction Codes for the transactions"
FAQ
What does the amended Form 4/A report for XOS insider Michael Paul Richardson?
It reports that Michael Paul Richardson, a director of Xos, Inc. (XOS), sold 9,356 shares of Common Stock in three open-market transactions on July 15–17, 2026, and that the amendment only corrects the transaction codes from disposition "D" to sale "S".
Was the XOS insider trading under a Rule 10b5-1 plan?
Yes. All reported transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2025. The filing’s Rule 10b5-1 checkbox is marked true and a footnote confirms the plan adoption date.
What does the Form 4/A amendment change for XOS?
The amendment states it is filed solely to correct the Transaction Codes for the July 15–17, 2026 trades from Code "D" to Code "S". It confirms there are no changes to any other information in the original Form 4.
How many unvested RSUs does the XOS director still hold?
A footnote states the director’s holdings include 60,584 unvested RSUs. The filing does not change this RSU amount in the amendment; it is part of the post-transaction equity position reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.