Aljomaih Automotive Co. sold XOS
August 11, 2026 · Form 4 insider transaction
Aljomaih Automotive Co. sold 1,500,000 shares of Xos, Inc. at $1500000.00 per share, a transaction worth $2250.00B. The trade was recorded as j and disclosed on an SEC Form 4, filed 15 days after the transaction.
Footnotes
On August 11, 2026, the issuer made a scheduled repayment of $1.5 million principal amount of the Convertible Note.; The $1.5 million principal amount repaid was convertible into an aggregate of 125,000 shares of common stock, par value $0.0001 per share, of the issuer.; $1.5 million principal amount of the Convertible Note was repaid and extinguished for face value.; The principal amount plus any accrued and unpaid interest was convertible at the holder's election after November 9, 2022.; The $14,000,000 principal amount of Convertible Notes outstanding immediately following the transaction was convertible into 1,166,666 shares of Common Stock at $12.00 per share. Column 9 does not include any interest accrued on the Convertible Note since August 11, 2025 (at a rate of 10% per annum), which may be converted into Interest Shares at the 10-day VWAP on the date of payment.