Xos (XOS) CEO Dakota Semler has 14,538 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xos, Inc. Chief Executive Officer Dakota Semler reported a routine tax-related share disposition. The company withheld 14,538 shares of common stock at $1.85 per share to cover tax obligations tied to the vesting of previously granted Restricted Stock Units (RSUs), rather than an open-market sale. After this withholding, Semler directly holds 877,061 common shares, including 499,430 unvested RSUs that may convert into additional shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Semler Dakota
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,538 | $1.85 | $27K |
Holdings After Transaction:
Common Stock — 877,061 shares (Direct, null)
Footnotes (1)
- 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. Includes 499,430 unvested RSUs.
Key Figures
Tax-withheld shares: 14,538 shares
Withholding price: $1.85 per share
Shares held after transaction: 877,061 shares
+1 more
4 metrics
Tax-withheld shares
14,538 shares
Shares withheld to satisfy RSU-related tax obligations
Withholding price
$1.85 per share
Value used for RSU tax-withholding disposition
Shares held after transaction
877,061 shares
Direct common stock holdings following the Form 4 transaction
Unvested RSUs
499,430 units
Unvested Restricted Stock Units held by Dakota Semler
Key Terms
Restricted Stock Unit ("RSU"), tax withholding obligations, Form 4, unvested RSUs
4 terms
Restricted Stock Unit ("RSU") financial
"previously reported Restricted Stock Unit ("RSU") Awards. Each RSU represents a contingent right"
tax withholding obligations financial
"shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
unvested RSUs financial
"Includes 499,430 unvested RSUs."
FAQ
What insider transaction did Xos (XOS) CEO Dakota Semler report?
Dakota Semler reported a tax-withholding disposition of 14,538 Xos common shares. The shares were withheld by the company to satisfy tax obligations from vesting RSU awards, not sold on the open market.
Was the Xos (XOS) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. Xos withheld 14,538 shares to cover Dakota Semler’s tax obligations from RSU vesting, a routine administrative event rather than a discretionary sale for cash in the market.
What do the unvested RSUs reported for Xos (XOS) CEO represent?
The filing notes 499,430 unvested RSUs for Dakota Semler. Each RSU is a contingent right to receive one Xos common share upon settlement, meaning these units can convert into additional shares as vesting and settlement conditions are satisfied over time.