Xos COO corrects unvested stock units to 1.77M
Approximately 33% of the award shall vest on March 10, 2027, followed by 24 approximately equal monthly installments, subject to continued service.
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Rhea-AI Filing Summary
Xos, Inc. Chief Operating Officer and director Giordano Sordoni reported an award of 1,388,293 RSUs on September 10, 2026, and 13,662 shares withheld by the issuer to satisfy tax withholding obligations tied to vesting of previously reported RSUs. The amendment corrects the total unvested RSUs to 1,773,685, combining the 385,392 previously reported with the award; it states that transaction and post-transaction security counts are unchanged.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 13,662 | $2.79 | $38K |
| Grant/Award | Common Stock F3, F2, F4 | 1,388,293 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the Reporting Person's previously reported Restricted Stock Unit ("RSU") Awards. Each RSU represents a contingent right to receive one share of common stock upon settlement.
- F2. Inlcudes 1,773,685 unvested RSUs.
- F3. Approximately 33% of the Restricted Stock Unit ("RSU") Award shall vest on March 10, 2027 (the "Initial Vesting Date"), and the remainder of the RSU Award shall vest in twenty-four (24) approximately equal installments on each Monthly Vesting Date immediately following the Initial Vesting Date. "Monthly Vesting Date" means the 10th day of each month. Notwithstanding the foregoing, vesting shall terminate upon the Reporting Person's termination of continuous service, as described in Section 6(l) of the Global RSU Award Agreement.
- F4. The Reporting Person is an executive officer and a director of the Issuer and is filing this Form 4 solely in such capacities. The number of shares reported in Column 5 includes certain securities in which the Reporting Person may be deemed to have a pecuniary interest, such as shares issuable upon settlement of RSUs that vest more than 60 days in the future. However, the Reporting Person does not beneficially own such securities within the meaning of Rule 13d-3 of the Securities Exchange Act of 1934, and the filing of this Form 4 shall not be deemed an admission that the Reporting Person is a '10% Owner' or a beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
Restricted Stock Unit ("RSU") Award financial
Monthly Vesting Date financial
pecuniary interest financial
Rule 13d-3 regulatory
FAQ
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How many unvested RSUs does XOS COO Giordano Sordoni have after the correction?
When do Giordano Sordoni's XOS RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.