Xos, Inc. (XOS) COO Sordoni reports tax withholding of 13,663 shares
Rhea-AI Filing Summary
Xos, Inc. director and Chief Operating Officer Giordano Sordoni reported a code F transaction involving company common stock. On 2026-08-10, 13,663 shares were withheld by the issuer at $2.70 per share to satisfy tax withholding obligations arising from the vesting of previously reported Restricted Stock Unit (RSU) awards. Following this tax-related withholding disposition, Sordoni directly holds 1,602,828 shares of common stock, which include 412,242 unvested RSUs, each RSU representing a contingent right to receive one share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,663 shares
Net Sell
1 txn
Insider
Sordoni Giordano
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 13,663 | $2.70 | $37K |
Holdings After Transaction:
Common Stock — 1,602,828 shares (Direct)
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 412,242 unvested RSUs.
Key Figures
Shares withheld for taxes: 13,663 shares
Withholding price: $2.70 per share
Shares held after transaction: 1,602,828 shares
+1 more
4 metrics
Shares withheld for taxes
13,663 shares
Shares withheld on 2026-08-10 to satisfy tax withholding obligations on vesting RSUs
Withholding price
$2.70 per share
Per-share value used for the tax-withholding disposition of 13,663 shares
Shares held after transaction
1,602,828 shares
Total common shares directly held by Giordano Sordoni following the transaction
Unvested RSUs included
412,242 RSUs
Unvested Restricted Stock Units included in post-transaction holdings, each RSU for one share upon settlement
Key Terms
Restricted Stock Unit ("RSU") Awards, tax withholding obligations, contingent right
3 terms
Restricted Stock Unit ("RSU") Awards financial
"vesting of the Reporting Person's previously reported Restricted Stock Unit ("RSU") Awards."
tax withholding obligations financial
"shares withheld by the Issuer to satisfy the tax withholding obligations in connection"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did XOS COO Giordano Sordoni report on August 10, 2026?
Giordano Sordoni reported a code F transaction where 13,663 Xos, Inc. (XOS) shares were withheld at $2.70 per share to cover tax withholding obligations from vesting RSU awards.
Was the XOS insider transaction by Giordano Sordoni a market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. 13,663 shares were withheld by Xos to pay tax liabilities triggered by vesting Restricted Stock Unit (RSU) awards.
What are the RSUs referenced in Giordano Sordoni’s XOS Form 4 filing?
The RSUs are Restricted Stock Unit awards, where each RSU represents a contingent right to receive one share of Xos common stock upon settlement; Sordoni holds 412,242 unvested RSUs after the transaction.
Is Giordano Sordoni’s XOS Form 4 transaction classified as a buy or sell?
It is reported as a disposition under code F, specifically shares delivered or withheld to pay tax liability, rather than a discretionary market purchase or sale.