Xos, Inc. (XOS) director awarded 60,584 RSUs with 2027 vesting terms
Rhea-AI Filing Summary
Mattson George N reported acquisition or exercise transactions in this Form 4 filing.
Xos, Inc. director George N. Mattson received an equity award of 60,584 restricted stock units, each representing a contingent right to one share of common stock. These RSUs vest on the earlier of the first anniversary of the grant date and the day before the 2027 annual meeting, subject to his continuous service. Following this grant, he holds 192,346 common shares directly, including the unvested RSUs, and has indirect interests in 131,250 and 33,333 shares through NGAC GNM Feeder LLC and GNM ICBC LLC, for which he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,584 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement. The RSUs vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day before the Company's 2027 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date. Includes 60,584 unvested RSUs Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Shares are held by GNM ICBC LLC ("GNM ICBC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his control over GNM ICBC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
continuous service financial
pecuniary interest financial
AI-generated analysis. How Rhea-AI works. Not financial advice.