Research Summary
AI-generated summary of this SEC filing
Xos (XOS) Director Stuart N. Bernstein Sells 30,000 Shares
What Happened
- Stuart N. Bernstein, a director of Xos, Inc. (XOS), reported a sale of 30,000 common shares on August 18, 2026. The filing shows a weighted average sale price of $4.19, for total proceeds of $125,835. The filing describes the transaction as an open‑market or private sale.
Key Details
- Transaction type: Sale (Code S)
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (timely)
- Price(s): weighted average $4.19; range reported in footnote: $4.125–$4.39. The reporting person can provide a per‑price breakdown on request (Footnote F1).
- Proceeds: $125,835
- Holdings/ownership after transaction: not specifically stated in the summary lines of this filing; the filing notes holdings are through Bernstein Investment Partners LLC (Reporting Person is Managing Member) (Footnote F3).
- Other noted holdings: filing indicates inclusion of 60,584 unvested RSUs in reported holdings (Footnote F2).
- No indication in this filing of a 10b5-1 plan, gift, option exercise, or tax‑withholding disposition.
Context
- This is a straightforward sale by a director. Sales are common and can be for many personal or portfolio reasons; they do not by themselves indicate company performance. The filing was submitted within the usual two‑business‑day window following the trade.