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

Dietmar Ostermann, a director at Xos, Inc., sold $45,220 worth of the company's common stock in September 2026. The transaction happened over two days, with shares being sold at prices between $3.00 and $3.022. On September 2, Ostermann disposed of 10,000 shares, sold at a weighted average price of $3.022. Two days later, on September 4, he sold an additional 5,000 shares at $3.00 per share.

This insider sale followed a decline in XOS stock price, which had dropped 9.2% over the past week. However, the shares had increased by 69% year-to-date, trading below their Fair Value, indicating potential upside according to InvestingPro analysis. At the time of the sale, Ostermann held 90,226 shares of Xos common stock, including 60,584 unvested restricted stock units (RSUs).