Xos director Dietmar Ostermann sells $45,220 in company stock

Dietmar Ostermann, a director at Xos, Inc. (NASDAQ:XOS), recently sold company common stock totaling $45,220. The transactions occurred over two days in early September 2026, with shares sold at prices ranging from $3.00 to $3.022.

On September 2, 2026, Ostermann disposed of 10,000 shares of Xos common stock. These shares were sold at a weighted average price of $3.022, with individual sale prices ranging from $3.02 to $3.04, according to a footnote in the filing.

Two days later, on September 4, 2026, an additional 5,000 shares were sold at a price of $3.00 per share.The insider sale comes as XOS stock has declined 9.2% over the past week, though the shares have surged 69% year-to-date. According to InvestingPro analysis, the stock currently trades below its Fair Value, suggesting potential upside. The platform offers 15 additional ProTips for XOS investors.

Following these transactions, Ostermann directly holds 90,226 shares of Xos common stock. This total includes 60,584 unvested restricted stock units (RSUs), as noted in the filing.

In other recent news, Xos Inc. reported its second-quarter 2026 financial results, revealing a significant revenue miss. The company posted revenue of $4.7 million, falling short of the anticipated $12.15 million, although it recorded a smaller-than-expected loss of $0.55 per share compared to the forecasted $0.60 loss. Additionally, Xos secured a notable prototype contract from the U.S. Air Force to develop a mobile charging system, marking its first entry into the defense sector. This contract was awarded through the Air Force Global Strike Command Rapid Capabilities Division 2026 Showcase. In another development, Xcel Energy placed a follow-on order for three more Xos Hub mobile charging systems. Two of these units will be used for fast charging at service centers in Colorado, while the third will support customers in the Denver area affected by construction. These recent developments highlight Xos’s expanding business opportunities despite the recent financial challenges.