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Xos director Dietmar Ostermann sells $12,747 in company stock By Investing.com

Dietmar Ostermann, a director at Xos, Inc. (), recently sold shares of the company’s common stock totaling $12,747. The transactions occurred over two days, with prices ranging from $2.54 to $2.5501 per share.
On September 16, 2026, Mr. Ostermann disposed of 262 shares. The following day, September 17, 2026, he sold an additional 4,738 shares. The sales come as XOS stock trades at $2.59, up 43% year-to-date despite recent volatility, with shares ranging from $1.60 to $8.27 over the past 52 weeks.
Following these sales, Mr. Ostermann’s direct beneficial ownership in Xos, Inc. common stock stands at 85,226 shares. This total includes 60,584 unvested Restricted Stock Units (RSUs). According to InvestingPro analysis, XOS appears undervalued at current levels, with 15 additional ProTips available to subscribers alongside comprehensive financial health metrics and exclusive Pro Research Reports.
In other recent news, Xos Inc. reported its second-quarter 2026 financial results, revealing a mixed performance. The company posted an adjusted loss of $0.55 per share, which was narrower than the analysts’ forecasted loss of $0.60. However, revenue significantly underperformed expectations, reaching only $4.7 million compared to the anticipated $12.15 million. In addition to the earnings report, Xos secured a prototype contract from the U.S. Air Force to develop a mobile charging system for electrified support equipment and vehicles. This marks Xos’s first defense contract and signifies its entry into the military market. Furthermore, Xcel Energy placed a follow-on order for three additional Xos Hub mobile charging systems, expanding its use of the platform. Two of these units will enhance fast charging capabilities at service centers in Colorado, while the third will serve customers impacted by construction in the Denver area. These developments highlight Xos’s growing presence in both the commercial and defense sectors.
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