Xos CFO has shares withheld for RSU taxes
Xos, Inc. Chief Financial Officer Liana Pogosyan reported a routine tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Xos, Inc. Chief Financial Officer Liana Pogosyan reported a routine tax-related share disposition. On the vesting of previously granted RSU awards, the company withheld 28,124 shares of common stock at $2.06 per share to cover tax obligations. After this withholding, Pogosyan holds 170,078 shares directly, including 124,855 unvested RSUs, indicating she retains a substantial equity stake in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 28,124 | $2.06 | $58K |
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 124,855 unvested RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xos (XOS) CFO Liana Pogosyan report?
Was the Xos (XOS) CFO’s Form 4 transaction an open-market sale?
What RSU position does the Xos (XOS) CFO retain following this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.