Xos director Dietmar Ostermann sells $30,067 in company stock By Investing.com

Dietmar Ostermann, a director at Xos, Inc. (), sold a total of $30,067 worth of the company’s common stock across three transactions in mid-July 2026. These sales were executed under a Rule 10b5-1 trading plan.

The transactions occurred between July 10 and July 14, 2026, with weighted average prices for the sales ranging from $2.3457 to $2.4937 per share. On July 10, Mr. Ostermann sold 4,158 shares at prices ranging from $2.46 to $2.59. On July 13, he sold 4,159 shares, with prices between $2.325 and $2.44. The final reported sale on July 14 involved 4,158 shares, sold at prices ranging from $2.34 to $2.435. Since these sales, XOS stock has surged to $3.60, reflecting a remarkable 99% year-to-date gain and a 71% jump over the past six months. InvestingPro analysis suggests the stock remains undervalued at current levels, with additional insights available through the platform’s comprehensive Pro Research Report.

Separately, on July 10, 2026, Mr. Ostermann acquired 60,584 Restricted Stock Units (RSUs) at a price of $0. These RSUs represent a contingent right to receive one share of Xos common stock upon settlement. The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date or the day before the company’s 2027 Annual Meeting, subject to Mr. Ostermann’s continuous service with Xos, Inc. through the vesting date.

Following these reported transactions, Mr. Ostermann beneficially owns 127,702 shares of Xos common stock, which includes the 60,584 unvested RSUs. The Rule 10b5-1 trading plan, under which the sales were made, was adopted by Mr. Ostermann on September 16, 2025.

In other recent news, Xos Inc. reported mixed results for its second quarter of 2026. The company’s adjusted earnings per share showed a loss of $0.55, which was better than the analysts’ forecasted loss of $0.60. However, Xos fell short on revenue expectations, bringing in $4.7 million compared to the anticipated $12.15 million. This revenue miss was attributed to a significant drop in deliveries from the previous year. Additionally, Xos secured a notable prototype contract with the U.S. Air Force to develop a mobile charging system, marking its first foray into the military market. The contract was awarded through the Air Force Global Strike Command Rapid Capabilities Division 2026 Showcase. In a separate development, Xos received a follow-on order from Xcel Energy for three additional Xos Hub mobile charging systems. This order will enhance Xcel Energy’s charging capabilities in Colorado.

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