Bernstein Stuart N. 4
Research Summary
AI-generated summary
Xos Director Stuart N. Bernstein Sells 4,071 Shares
What Happened
- Stuart N. Bernstein, a director of Xos, Inc. (XOS), disposed of 4,071 shares in an open-market sale on March 31, 2026. The weighted average sale price reported is $1.64 per share for total proceeds of approximately $6,694. The filing notes the shares were sold at prices ranging from $1.64 to $1.662.
Key Details
- Transaction date: 2026-03-31.
- Price: weighted average $1.64; range $1.64–$1.662.
- Shares sold: 4,071; proceeds ≈ $6,694.
- Shares owned after transaction: not specified in the excerpt; the filing notes that 62,377 unvested RSUs are included in the reporter’s holdings (Footnote F2).
- Securities held by Bernstein Investment Partners LLC, of which Stuart N. Bernstein is the Managing Member (Footnote F3).
- Footnote F1 states the weighted average and that the reporter can provide a breakdown of shares sold at each separate price upon request.
- Filing timeliness: filed 2026-04-02 for a 2026-03-31 transaction (appears timely under standard Form 4 rules).
Context
- This was a sale (code S) by a company director — routine sales by insiders can reflect personal or portfolio needs and are not, by themselves, proof of company prospects. The filer is a director and manager of an investment vehicle that held the securities; the form does not indicate 10% owner status.