secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001819493-26-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xos enters separation agreement with former General Counsel; $110K cash, 120K RSUs accelerated
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- Cash lump sum of $110,000 to Christen Romero within 14 days after effective date.
- 120,000 unvested RSUs accelerated to full vest; shares subject to 21-month lock-up with monthly ratable release.
- Potential additional $50,000 if company achieves $25M Available Liquidity within 3 years or a Liquidity Event at ≥$10/share.
- Romero releases all claims except statutory rights; company releases claims except for fraud, embezzlement, or breach.
- Agreement includes confidentiality and non-disparagement obligations; Romero resigned effective January 10, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000181949326000019/0001819493-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000181949326000019/xos-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001819493-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer