Xos director sells 9,357 shares, granted 60,584 RSUs
Xos, Inc. (XOS) reports an amended Form 4 for director Michael Paul Richardson, correcting prior transaction codes to reflect open‑market sales rather than dispositions to the issuer.
Rhea-AI Filing Summary
Xos, Inc. (XOS) reports an amended Form 4 for director Michael Paul Richardson, correcting prior transaction codes to reflect open‑market sales rather than dispositions to the issuer. On July 10, 13, and 14, 2026, he sold 3,119 shares of common stock on each date under a Rule 10b5-1 trading plan at weighted average prices around $2.35–$2.49 per share. On July 10, 2026, he also received a grant of 60,584 Restricted Stock Units (RSUs), which vest on the earlier of the first anniversary of the grant date or the day before Xos, Inc.'s 2027 annual meeting, subject to continued service. The amendment states no other information changes from the original Form 4.
Positive
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Negative
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F6, F2 | 3,119 | $2.3899 | $7K |
| Sale | Common Stock F3, F5, F2 | 3,119 | $2.3473 | $7K |
| Grant/Award | Common Stock F1, F2 | 60,584 | $0.00 | $0.00 |
| Sale | Common Stock F3, F4, F2 | 3,119 | $2.4935 | $8K |
Footnotes (6)
- F1. 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.
- F2. Includes 60,584 unvested RSUs.
- F3. The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2025.
- F4. Represents weighted average sales price. The shares were sold at prices ranging from $2.46 to $2.59. 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. Represents weighted average sales price. The shares were sold at prices ranging from $2.325 to $2.44. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F6. Represents weighted average sales price. The shares were sold at prices ranging from $2.35 to $2.45. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Rule 10b5-1 trading plan regulatory
weighted average sales price financial
FAQ
What insider transactions did XOS disclose for Michael Paul Richardson in this amended Form 4?
What correction does this Form 4/A make for XOS?
Were the XOS insider stock sales made under a Rule 10b5-1 plan?
What RSU grant did the XOS director receive on July 10, 2026?
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