Xos, Inc. (XOS) director receives 60,584 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith John F. reported acquisition or exercise transactions in this Form 4 filing.
Xos, Inc. director Smith John F. received a grant of 60,584 Restricted Stock Units, each representing one share of common stock upon settlement. These RSUs vest on the earlier of the first anniversary of the grant date or the day before the 2027 Annual Meeting, subject to the reporting person's continuous service, and bring direct holdings to 113,562 shares, including 60,584 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith John F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,584 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 113,562 shares (Direct)
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.
Key Figures
RSUs granted: 60,584 shares
Shares held after transaction: 113,562 shares
Unvested RSUs included: 60,584 shares
3 metrics
RSUs granted
60,584 shares
Restricted Stock Units awarded to Smith John F. on 2026-07-10
Shares held after transaction
113,562 shares
Direct holdings of Smith John F. following the grant
Unvested RSUs included
60,584 shares
Portion of reported holdings that remains unvested RSUs
Key Terms
Restricted Stock Units ("RSUs"), contingent right, continuous service
3 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.
contingent right financial
"each of which represents a contingent right to receive one share of the Issuer's"
continuous service financial
"subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date"
FAQ
What insider transaction did Xos (XOS) report for Smith John F.?
Smith John F., a director of Xos, received a grant of 60,584 RSUs, each convertible into one share of common stock upon settlement. The award is a grant/award acquisition, not an open-market purchase, and increases his reported direct holdings in the company.
When do the 60,584 Xos (XOS) RSUs granted to Smith John F. 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. Vesting is conditioned on the reporting person's continuous service with Xos through the applicable vesting date.
What are RSUs in the context of Xos (XOS) director compensation?
The award consists of Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Xos common stock upon settlement. The units have no exercise price and convert to shares only if the vesting and service conditions are met.