Xos, Inc. (XOS) trust sells 400,000 shares, falls below 10% owner threshold
Rhea-AI Filing Summary
Emerald Green Trust, previously a 10% owner of Xos, Inc., reported open-market sales totaling 400,000 shares of common stock on June 3–4, 2026 at weighted-average prices in the mid-$5 to mid-$6 range, pursuant to a Rule 10b5-1 trading plan established on November 21, 2025.
After these transactions, Emerald Green Trust directly holds 1,161,229 shares of Xos common stock, and the disclosure states that following the June 4, 2026 trades it ceased to be a beneficial owner of 10% or more of the outstanding common stock and is no longer subject to Section 16 reporting.
Positive
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Negative
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Insights
Large Xos holder sells 400,000 shares under a pre-set 10b5-1 plan and drops below 10% ownership while retaining a sizable stake.
The filing shows Emerald Green Trust executed four open-market sales of Xos common stock totaling 400,000 shares at prices between $4.52 and $6.52. These were all coded as “S” transactions, indicating straightforward sales rather than option exercises or other complex events.
A footnote explains the trades were carried out under a Rule 10b5-1 trading plan adopted on November 21, 2025, meaning the timing was pre-arranged. After the sales, the trust still holds 1,241,269 shares, but another footnote states it is no longer a beneficial owner of at least 10% of Xos’s common stock, so future Section 16 filings by this holder will no longer be required.
Insider Trade Summary
Net Seller: 400,000 shares
Net Sell
4 txns
Insider
Emerald Green Trust
Role
10% Owner
Sold
400,000 shs ($2.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200,000 | $5.0296 | $1.01M |
| Sale | Common Stock | 80,040 | $5.7794 | $463K |
| Sale | Common Stock | 98,800 | $5.9697 | $590K |
| Sale | Common Stock | 21,160 | $6.4602 | $137K |
Holdings After Transaction:
Common Stock — 1,161,229 shares (Direct)
Footnotes (6)
- F1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on November 21, 2025.
- F2. Represents weighted average sales price. The shares were sold at prices ranging from $5.445 to $6.43. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3. Represents weighted average sales price. The shares were sold at prices ranging from $6.45 to $6.52. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4. Represents weighted average sales price. The shares were sold at prices ranging from $4.52 to $5.43. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5. Following the reporting person's transactions on June 4, 2026, the reporting person ceased to be a beneficial owner of 10% or more of the Issuer's outstanding common stock. Accordingly, this Form 4 marks the reporting person no longer being subject to Section 16.
- F6. Represents weighted average sales price. The shares were sold at prices ranging from $5.61 to $6.19. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold 2026-06-04 (block 1): 200,000 shares at $5.0296 per share
Shares sold 2026-06-04 (block 2): 80,040 shares at $5.7794 per share
Shares sold 2026-06-03 (block 1): 98,800 shares at $5.9697 per share
+4 more
7 metrics
Shares sold 2026-06-04 (block 1)
200,000 shares at $5.0296 per share
Open-market or private sale of common stock on June 4, 2026
Shares sold 2026-06-04 (block 2)
80,040 shares at $5.7794 per share
Open-market or private sale of common stock on June 4, 2026
Shares sold 2026-06-03 (block 1)
98,800 shares at $5.9697 per share
Open-market or private sale of common stock on June 3, 2026
Shares sold 2026-06-03 (block 2)
21,160 shares at $6.4602 per share
Open-market or private sale of common stock on June 3, 2026
Total shares sold
400,000 shares
Aggregate number of Xos common shares sold across four transactions
Post-transaction holdings
1,161,229 shares
Direct holdings of Xos common stock by Emerald Green Trust after reported sales
Rule 10b5-1 plan date
November 21, 2025
Date the Rule 10b5-1 trading plan governing the reported sales was established
Key Terms
Rule 10b5-1 trading plan, beneficial owner, Section 16, weighted average sales price
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
beneficial owner regulatory
"the reporting person ceased to be a beneficial owner of 10% or more"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16 regulatory
"this Form 4 marks the reporting person no longer being subject to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
weighted average sales price financial
"Represents weighted average sales price. The shares were sold at prices ranging"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Emerald Green Trust report in XOS stock?
Emerald Green Trust reported selling 400,000 shares of Xos common stock on June 3–4, 2026 in open-market transactions, at weighted-average prices in the mid-$5 to mid-$6 range, under a Rule 10b5-1 trading plan established on November 21, 2025.
Does Emerald Green Trust remain a 10% beneficial owner of XOS after these trades?
No. The disclosure states that after the June 4, 2026 transactions, Emerald Green Trust ceased to be a beneficial owner of 10% or more of Xos’s outstanding common stock and therefore is no longer subject to Section 16 reporting requirements.
How many individual transactions did Emerald Green Trust report for XOS?
Emerald Green Trust reported four separate sales of Xos common stock: two on June 3, 2026 and two on June 4, 2026, collectively totaling 400,000 shares sold in open-market or private transactions.