Earnings Feed
Start Free
Xos, Inc.·4

Feb 12, 4:21 PM ET

Semler Dakota 4

Research Summary

AI-generated summary

Updated

Xos (XOS) CEO Semler Dakota Sells 5,629 Shares (Tax Withholding)

What Happened

Semler Dakota, CEO of Xos, had 5,629 shares withheld by the company to satisfy tax withholding obligations related to the vesting of previously granted Restricted Stock Units (RSUs). The withholding price was $2.23 per share, for a total value of $12,553. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (filed two days after the transaction).
  • Disposition: 5,629 shares withheld at $2.23/share; total value ≈ $12,553.
  • Shares owned after transaction: Not specified in the provided excerpt.
  • Footnotes:
    • F1 — Shares were withheld by the issuer to satisfy tax withholding on vested RSUs; each RSU converts to one share on settlement.
    • F2 — Filing notes inclusion of 779,386 unvested RSUs in the reporting person’s holdings.
  • Transaction code: F (tax withholding / cashless settlement of RSUs).

Context

Withholdings to cover taxes on vested RSUs are routine and reflect settlement mechanics (the company retains a portion of shares rather than the executive selling shares on the open market). Such transactions are administrative and do not necessarily indicate insider sentiment about the stock.