Xos COO has shares withheld for RSU taxes
Xos, Inc. Chief Operating Officer Giordano Sordoni reported a tax-withholding transaction related to restricted stock units.
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.
Rhea-AI Filing Summary
Xos, Inc. Chief Operating Officer Giordano Sordoni reported a tax-withholding transaction related to restricted stock units. On March 10, 2026, 80,582 shares of common stock were withheld at $2.06 per share to cover tax obligations tied to vesting RSU awards, not as an open-market sale. After this disposition, Sordoni directly owned 1,655,316 shares of common stock, which the filing states includes 546,498 unvested RSUs that may convert into additional shares as they vest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 80,582 | $2.06 | $166K |
Footnotes (2)
- 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 546,498 unvested RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xos (XOS) report for Giordano Sordoni?
What do the unvested RSUs in the Xos (XOS) Form 4 represent?
Does this Xos (XOS) Form 4 indicate any remaining derivative positions?
AI-generated analysis. How Rhea-AI works. Not financial advice.