Emerald Green Trust and related parties updated their ownership and trading plans for Xos, Inc. Amendment No. 3 to their beneficial ownership statement shows Emerald Green Trust holding 1,561,229 shares of Xos common stock. Based on 11,334,192 shares outstanding as of November 10, 2025, the reporting group, including Emerald Green, Sarah Bardo and Shane Semler, reports beneficial ownership of 13.8% of the company.
Sarah Bardo is deemed to beneficially own 1,561,232 shares, including trust holdings and 3 shares held by her spouse. Shane Semler is deemed to beneficially own 1,567,232 shares, including 6,003 shares held directly and the trust’s shares. The filing details Rule 10b5-1 stock sale plans adopted with Piper Sandler in May and November 2025, one of which terminated in September 2025. It also lists a series of open-market sales by Emerald Green between August 26 and December 5, 2025 at weighted average prices generally between about $2.27 and $3.04 per share.