Xos director Dietmar Ostermann sells $27,495 in company shares By Investing.com

Dietmar Ostermann, a director at Xos, Inc. (), sold a total of 12,476 shares of common stock across three separate transactions in mid-July 2026, amounting to $27,495. The sales were executed at prices ranging from $2.1485 to $2.3025 per share. The stock has since surged, currently trading at $3.60, reflecting a remarkable 99% year-to-date gain. According to InvestingPro analysis, the stock remains undervalued at current levels, appearing on the platform’s most undervalued stocks list.

The transactions, which occurred on July 15, 16, and 17, 2026, were part of a Rule 10b5-1 trading plan established by Mr. Ostermann on September 16, 2025. On July 15, he sold 4,159 shares at a weighted average price of $2.3025, with individual sales ranging from $2.23 to $2.34. The following day, July 16, saw the sale of 4,158 shares at a weighted average price of $2.1607, with prices between $2.12 and $2.32. Finally, on July 17, another 4,159 shares were sold at a weighted average price of $2.1485, with prices ranging from $2.11 to $2.18. InvestingPro data shows the stock generally trades with high price volatility, one of 14 key ProTips available to subscribers.

Following these transactions, Mr. Ostermann directly holds 115,226 shares of Xos common stock, which includes 60,584 unvested restricted stock units. This filing serves as an amendment to correct an administrative error in a previous report, where the transactions were incorrectly designated.

In other recent news, Xos Inc. reported mixed results for the second quarter of 2026. The company posted an adjusted earnings loss of $0.55 per share, which was narrower than the anticipated loss of $0.60 per share. However, revenue significantly missed forecasts, coming in at $4.7 million compared to the expected $12.15 million, attributed to a sharp decline in deliveries from the previous year. In addition to earnings news, Xos Inc. secured a prototype contract with the U.S. Air Force to develop a mobile charging system for electrified support equipment and vehicles. This contract marks Xos’s first venture into the military market. Furthermore, Xos Inc. announced a follow-on order from Xcel Energy for three additional Xos Hub mobile charging systems. These recent developments reflect Xos Inc.’s ongoing efforts to expand its market presence and product offerings.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.