Xos CEO corrects unvested stock units to 1.78M
Approximately 33% of the award shall vest on March 10, 2027; the remainder vests in 24 approximately equal monthly installments, subject to continuous service.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4/A
Rhea-AI Filing Summary
Xos, Inc. Chief Executive Officer and director Dakota Semler amended his report to correct the unvested RSU total to 1,777,906. On September 10, 2026, Semler was awarded 1,388,293 RSUs, and the issuer withheld 14,538 shares to satisfy tax withholding obligations tied to previously reported RSUs. The amendment states that reported numbers of securities acquired, disposed of, or beneficially owned following transactions are unchanged.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Semler Dakota
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 14,538 | $2.79 | $41K |
| Grant/Award | Common Stock F3, F2, F4 | 1,388,293 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,177,202 shares (Direct)
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. Includes 1,777,906 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
Unvested RSUs: 1,777,906 RSUs
RSU award: 1,388,293 RSUs
Tax-withholding shares: 14,538 shares
+2 more
5 metrics
Unvested RSUs
1,777,906 RSUs
Corrected total
RSU award
1,388,293 RSUs
Awarded September 10, 2026
Tax-withholding shares
14,538 shares
Withheld by the issuer on September 10, 2026
Reported price per share
$2.79 per share
Reported with the 14,538-share tax-withholding transaction
Initially reported RSUs
389,613 RSUs
Amount included in the corrected unvested RSU total
Key Terms
Restricted Stock Unit, Monthly Vesting Date, pecuniary interest, Rule 13d-3
4 terms
Restricted Stock Unit financial
"Restricted Stock Unit ("RSU") Awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Monthly Vesting Date financial
""Monthly Vesting Date" means the 10th day of each month"
pecuniary interest regulatory
"except to the extent of his pecuniary interest therein"
Rule 13d-3 regulatory
"within the meaning of Rule 13d-3"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What unvested RSU total did Dakota Semler correct for XOS?
The corrected total is 1,777,906 unvested RSUs, comprising 389,613 RSUs initially reported and 1,388,293 RSUs awarded on September 10, 2026. The amendment states that reported numbers of securities acquired, disposed of, or beneficially owned following each transaction did not change.
When do Dakota Semler's XOS RSUs vest?
Approximately 33% of the award shall vest on March 10, 2027, with the remainder vesting in 24 approximately equal installments on each Monthly Vesting Date immediately following that date. A Monthly Vesting Date is the 10th day of each month, and vesting terminates upon termination of continuous service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
