Xos CEO has 14,538 shares withheld for taxes
Xos, Inc. Chief Executive Officer Dakota Semler reported a routine tax-related share withholding linked to equity compensation.
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Rhea-AI Filing Summary
Xos, Inc. Chief Executive Officer Dakota Semler reported a routine tax-related share withholding linked to equity compensation. The company withheld 14,538 shares of common stock at $1.77 per share to cover Semler’s tax obligations from vesting Restricted Stock Unit (RSU) awards.
After this non-market transaction, Semler directly holds 891,599 common shares and also has 526,885 unvested RSUs, which represent additional potential future shares as they vest and settle.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,538 | $1.77 | $26K |
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 526,885 unvested RSUs.
Key Figures
Key Terms
Restricted Stock Unit financial
RSU financial
tax withholding obligations financial
unvested RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Xos (XOS) CEO Dakota Semler report in this Form 4 filing?
What are RSUs mentioned in the Xos (XOS) CEO’s Form 4 filing?
How many unvested RSUs does the Xos (XOS) CEO still have?
AI-generated analysis. How Rhea-AI works. Not financial advice.