Sordoni Giordano 4

What Happened

• Giordano, Chief Operating Officer of Xos, had 3,787 shares disposed/withheld by the company on 2026-02-10 at $2.23 per share, generating proceeds of $8,445. This disposition was to satisfy tax withholding obligations related to the vesting of previously granted Restricted Stock Units (RSUs), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-10 at $2.23 per share (total $8,445).
• Transaction type: Tax withholding/cashless settlement tied to RSU vesting (footnote F1).
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for post-transaction holdings.
• Notable footnotes: F1 = shares withheld to satisfy tax withholding for vested RSUs; F2 = reporting person has 771,078 unvested RSUs still outstanding.
• Filing dated 2026-02-12 for a 2026-02-10 transaction — appears to be timely (no late filing flag provided).

Context

• This was a routine tax-withholding disposition tied to RSU settlement (each RSU converts to one share on settlement). Such withholdings are administrative and do not necessarily indicate an insider choosing to sell shares on the open market. The large count of unvested RSUs (771,078) may be relevant for future vesting/dilution events.