Xos director receives stock awards for 2026 service
RAPP EDWARD J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
RAPP EDWARD J reported acquisition or exercise transactions in this Form 4 filing.
Xos, Inc. director Edward J. Rapp received equity compensation in the form of restricted stock units. He was granted 60,584 RSUs that vest on the earlier of the first anniversary of the grant date or the day before the 2027 annual meeting, subject to continued service, and 2,670 RSUs issued in lieu of his second-quarter 2026 cash retainer as a non-employee director and Audit Committee Chair, which vested immediately on grant. He also reports 21,172 shares of common stock held indirectly through a trust for which he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 63,254 shares
Grant/Award
3 txns
Insider
RAPP EDWARD J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,670 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3, F2 | 60,584 | $0.00 | $0.00 |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 194,614 shares (Direct);
Common Stock — 21,172 shares (Indirect, By Trust)
Footnotes (4)
- F1. The shares reported in this transaction represent RSUs that were issued to the Reporting Person in lieu of the cash retainer for the Reporting Person's service as a non-employee director and as Audit Committee Chair in the second quarter of 2026. The RSUs reported vested immediately on the date of grant.
- F2. Includes 60,584 unvested RSUs
- F3. 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.
- F4. Shares are held by the Edward Joseph Rapp TTEE U/A DTD 02/07/2005, of which the Reporting Person is trustee.
Key Figures
RSUs granted for board service: 60,584 shares
RSUs in lieu of Q2 2026 cash retainer: 2,670 shares
Indirect shares held by trust: 21,172 shares
3 metrics
RSUs granted for board service
60,584 shares
Restricted Stock Units vesting on the earlier of first anniversary of grant or day before 2027 Annual Meeting
RSUs in lieu of Q2 2026 cash retainer
2,670 shares
RSUs issued to non-employee director and Audit Committee Chair for second quarter of 2026, vested immediately
Indirect shares held by trust
21,172 shares
Common stock held by the Edward Joseph Rapp TTEE U/A DTD 02/07/2005 trust with the reporting person as trustee
Key Terms
Restricted Stock Units ("RSUs"), cash retainer, Audit Committee Chair, contingent right to receive
4 terms
Restricted Stock Units ("RSUs") financial
"represent Restricted Stock Units ("RSUs"), each of which represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
cash retainer financial
"were issued to the Reporting Person in lieu of the cash retainer for service"
Audit Committee Chair financial
"service as a non-employee director and as Audit Committee Chair in the second quarter"
The audit committee chair leads a board committee responsible for overseeing a company's financial reporting, internal controls, and relationships with external auditors. Acting like the head of a financial quality-control team, the chair organizes meetings, sets agendas, and guides review of accounting policies, audit findings, and risk disclosures. Investors watch this role because it influences the credibility and transparency of the company’s financial statements and regulatory compliance.
contingent right to receive financial
"each of which represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What equity awards did Xos (XOS) director Edward J. Rapp receive?
Edward J. Rapp received two equity awards: 60,584 restricted stock units (RSUs) for board service and 2,670 RSUs issued instead of his second-quarter 2026 cash retainer. Both awards relate to his role as a non-employee director and Audit Committee Chair.
When do Edward J. Rapp’s new RSUs at Xos (XOS) vest?
The 60,584 RSUs vest on the earlier of the first anniversary of the grant date or the day before Xos’s 2027 annual meeting. The 2,670 RSUs issued in lieu of his second-quarter 2026 cash retainer vested immediately on the grant date.
How was Edward J. Rapp’s second-quarter 2026 compensation at Xos (XOS) structured?
For the second quarter of 2026, Edward J. Rapp’s cash retainer as a non-employee director and Audit Committee Chair was delivered as 2,670 RSUs instead of cash. These RSUs vested in full immediately on the date of grant, providing stock-based compensation.
What rights do Edward J. Rapp’s RSUs at Xos (XOS) provide?
The restricted stock units reported for Edward J. Rapp each represent a contingent right to receive one share of Xos common stock upon settlement. Delivery of the underlying shares depends on the specified vesting conditions and his continued service with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
