Yake Alice 4

What Happened
Alice Yake, a director of Xos, Inc., received awards of restricted stock units (RSUs) and also disposed of a total of 7,500 shares to the issuer in three transactions. On 2026-07-10 she was granted 60,584 RSUs (unvested) and 2,292 RSUs (which vested immediately as payment in lieu of cash retainer). Separately she transferred 2,500 shares to the issuer on 2026-07-10 at $2.49 (proceeds $6,229), 2,500 shares on 2026-07-13 at $2.35 ($5,871), and 2,500 shares on 2026-07-14 at $2.39 ($5,987), for total proceeds of approximately $18,087. The RSUs are awards (no cash paid on grant) and represent contingent rights to receive common stock upon settlement.

Key Details

• Grant date: 2026-07-10 — 60,584 RSUs (unvested) + 2,292 RSUs (vested immediately as retainer). Vesting for the unvested RSUs: earlier of 1‑year anniversary or day before the 2027 annual meeting, subject to continued service (footnotes F1–F3).
• Dispositions to issuer: 2,500 shares on 2026-07-10 at $2.49; 2,500 shares on 2026-07-13 at $2.35; 2,500 shares on 2026-07-14 at $2.39. Total proceeds ≈ $18,087.
• One reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted 9/29/2025 (footnote F4).
• Weighted average price notes: the filing discloses price ranges for the sales and offers to provide per‑price breakdown on request (footnotes F5–F7).
• Shares owned after the transactions: not specified in this filing.
• Filing: Report filed 2026-07-14 covering transactions on/through 2026-07-10; no late‑filing indication in the report.

Context

• RSUs (award code A) are not purchases — they are compensation awards that convert to shares if/when vested and settled. The 2,292 RSUs vested immediately as compensation in lieu of cash.
• “Disposition to the issuer” can indicate shares transferred back to the company (commonly to cover tax withholding obligations) or other transfers to the issuer; the Form 4 does not state the reason.
• One of the sales being under a 10b5‑1 plan means it was pre‑arranged; this is a routine mechanism for insiders to sell shares on a set schedule.

This summary is factual and does not infer insider motive.