Xos (XOS) CFO’s RSU vesting triggers 3,164-share tax withholding, 160,588 shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xos, Inc. Chief Financial Officer Liana Pogosyan had 3,164 shares of common stock withheld by the company at $3.66 per share to satisfy tax obligations tied to vesting of previously reported Restricted Stock Unit (RSU) awards. This is a tax-withholding disposition, not an open-market sale. Following the withholding, she directly holds 160,588 shares of common stock, which include 106,938 unvested RSUs that may convert into an equal number of shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pogosyan Liana
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,164 | $3.66 | $12K |
Holdings After Transaction:
Common Stock — 160,588 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 106,938 unvested RSUs.
Key Figures
Shares withheld for taxes: 3,164 shares
Withholding price: $3.66 per share
Shares held after transaction: 160,588 shares
+1 more
4 metrics
Shares withheld for taxes
3,164 shares
Common stock withheld to satisfy tax on RSU vesting
Withholding price
$3.66 per share
Value used for 3,164-share tax-withholding disposition
Shares held after transaction
160,588 shares
Direct Xos common stock holdings after tax withholding
Unvested RSUs
106,938 RSUs
Unvested Restricted Stock Units included in holdings
Key Terms
Restricted Stock Unit ("RSU"), tax withholding obligations, Form 4
3 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.
FAQ
What insider transaction did Xos (XOS) disclose for CFO Liana Pogosyan?
Xos reported that CFO Liana Pogosyan had 3,164 shares withheld to cover tax obligations from vesting RSU awards. This was a tax-withholding disposition at $3.66 per share, rather than an open-market purchase or sale of Xos common stock.
What are RSUs in the context of the Xos (XOS) CFO’s compensation?
For Xos, each Restricted Stock Unit, or RSU, represents a contingent right to receive one share of common stock upon settlement. The filing notes that Liana Pogosyan’s holdings include 106,938 unvested RSUs, which will convert into shares as vesting conditions are met.
How many unvested RSUs does the Xos (XOS) CFO currently have?
The Form 4 disclosure states that CFO Liana Pogosyan’s holdings include 106,938 unvested RSUs. Each RSU corresponds to one potential share of Xos common stock, meaning a significant portion of her equity compensation remains subject to future vesting and settlement.