$XOSJun 3, 2026, 8:29 PMAI processed144
Emerald Green Trust (10%) files Form 144 to sell 400,000 XOS shares (~$892k)
AI Summary
XOS filed SEC Form 144. (XOS), filed a Form 144 to sell 400,000 shares (aggregate market value $892,000) through Piper Sandler with an approximate sale date of 06/03/2026. The shares were acquired 08/20/2021 in a merger; the filing notes reliance on a Rule 10b5-1 plan adopted 11/21/2025 and reports no sales by this account in the past three months.
Positives
- Filing states the sale is being executed under a Rule 10b5-1 plan adopted 11/21/2025
- No securities sold by this account in the past three months (per the Form 144)
- Broker engaged for the sale is Piper Sandler & Co.
Negatives
- Emerald Green Trust (a reported 10% stockholder) proposes to sell 400,000 XOS shares (approx $892,000) on or about 06/03/2026
- Proposed sale size represents roughly 3.3% of outstanding shares (400,000 of 12,122,736)