Emerald Green Trust 4
4 · Xos, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Xos (XOS) 10% Owner Emerald Green Trust Sells Shares
What Happened
Emerald Green Trust, a reporting 10% beneficial owner of Xos, sold a total of 400,000 XOS shares in open-market transactions on June 3 and June 4, 2026, generating approximately $2,195,007 in proceeds. The transactions were all sales (not purchases): 98,800 shares at $5.97 ($589,806), 21,160 shares at $6.46 ($136,698), 200,000 shares at $5.03 ($1,005,920) and 80,040 shares at $5.78 ($462,583). These were routine dispositions rather than purchases (not a bullish signal).
Key Details
- Transaction dates and reported prices:
- 2026-06-03: 98,800 shares @ $5.97 — $589,806
- 2026-06-03: 21,160 shares @ $6.46 — $136,698
- 2026-06-04: 200,000 shares @ $5.03 — $1,005,920
- 2026-06-04: 80,040 shares @ $5.78 — $462,583
- Total shares sold: 400,000; approximate total proceeds: $2,195,007.
- Shares owned after transaction: Following the June 4 sales, the reporting person ceased to be a beneficial owner of 10% or more of Xos’s outstanding common stock (no longer subject to Section 16 reporting as a 10% holder).
- Notable footnotes:
- One or more sales were effected pursuant to a Rule 10b5-1 trading plan established November 21, 2025.
- Several transactions report weighted-average sale prices with price ranges; the reporting person will provide a per-price breakdown on request (per footnotes).
- Filing timeliness: Form 4 was filed June 5, 2026, and reports transactions from June 3–4, 2026; the filing appears timely (not marked late).
Context
- This filing involves an institutional/major-holder sale (a previous 10% holder), not an executive or director necessarily indicating management sentiment. Sales under a 10b5-1 trading plan are pre-scheduled and often routine.
- No derivative exercises, awards, or gifts were reported — these were straight dispositions (transaction code S).
Insider Transaction Report
Form 4Exit
Xos, Inc.XOS
Emerald Green Trust
10% Owner
Transactions
- Sale
Common Stock
[F1][F2]2026-06-03$5.97/sh−98,800$589,806→ 1,462,429 total - Sale
Common Stock
[F1][F3]2026-06-03$6.46/sh−21,160$136,698→ 1,441,269 total - Sale
Common Stock
[F1][F4][F5]2026-06-04$5.03/sh−200,000$1,005,920→ 1,241,269 total - Sale
Common Stock
[F1][F6][F5]2026-06-04$5.78/sh−80,040$462,583→ 1,161,229 total
Footnotes (6)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on November 21, 2025.
- [F2]Represents weighted average sales price. The shares were sold at prices ranging from $5.445 to $6.43. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]Represents weighted average sales price. The shares were sold at prices ranging from $6.45 to $6.52. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]Represents weighted average sales price. The shares were sold at prices ranging from $4.52 to $5.43. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]Following the reporting person's transactions on June 4, 2026, the reporting person ceased to be a beneficial owner of 10% or more of the Issuer's outstanding common stock. Accordingly, this Form 4 marks the reporting person no longer being subject to Section 16.
- [F6]Represents weighted average sales price. The shares were sold at prices ranging from $5.61 to $6.19. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Signature
/s/ Sarah Bardo, Trustee for Emerald Green Trust|2026-06-05