Sordoni Giordano received 1,388,293 Xos shares on 2026-09-10 while forfeiting 13,662 shares at $2.79 per share. The transactions changed the chief operating officer’s reported holdings, with the award bringing the position to 2,928,089 shares and the forfeiture representing about 0.9% of the prior holding.
Key Highlights
- Sordoni Giordano forfeited 13,662 Xos shares at $2.79 per share.
- The forfeiture was classified under transaction code F, while the award used code A.
- The forfeiture represented about 0.9% of the prior holding, while the award transaction represented about 47.4% of the resulting holding.
Sordoni Giordano received 1,388,293 Xos shares on 10 September 2026, changing the reported holdings of Xos’s chief operating officer. A separate transaction on the same date involved the forfeiture of 13,662 shares at $2.79 per share.
Xos Share Award and Forfeiture Details
The forfeited shares were recorded under transaction code F. After that transaction, Giordano’s reported ownership stood at 1,539,796 Xos shares. The forfeited amount represented about 0.9% of the prior share holding. The award was recorded under transaction code A. Following that transaction, Giordano owned 2,928,089 Xos shares. The award transaction represented about 47.4% of the resulting share holding. The transaction codes used here mean: A denotes an award, grant, or other Acquisition from the company; F denotes shares withheld or delivered to cover taxes or an exercise price.
FAQs
Q: What happened to Sordoni Giordano’s Xos shares?
A: Sordoni Giordano received 1,388,293 Xos shares and forfeited 13,662 shares on 10 September 2026. The transactions were recorded under codes A and F, respectively.
Q: How many Xos shares did Sordoni Giordano own after the transactions?
A: The filing reports 1,539,796 shares following the forfeiture transaction on that date. It separately reports 2,928,089 shares following the award transaction on that date.
Q: What was the value attached to the forfeited Xos shares?
A: The forfeited Xos shares were recorded at $2.79 per share. The forfeiture represented about 0.9% of Sordoni Giordano’s prior share holding.
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