Xos (XOS) director sells 12,475 shares, gets 60,584 RSUs
Rhea-AI Filing Summary
Xos, Inc. (XOS) director Dietmar Ostermann filed an amended Form 4 to correct prior coding of certain transactions from disposition code "D" to sale code "S". The filing reports a grant of 60,584 RSUs on July 10, 2026 and open-market sales totaling 12,475 shares of common stock on July 10, 13, and 14, 2026, all effected under a Rule 10b5-1 trading plan adopted on September 16, 2025. The RSUs vest on the earlier of the first anniversary of the grant date or the day before Xos, Inc.'s 2027 annual meeting, subject to Ostermann's continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 48,109 shares
Net Buy
4 txns
Insider
OSTERMANN DIETMAR
Role
Director
Sold
12,475 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F6, F2 | 4,158 | $2.3913 | $10K |
| Sale | Common Stock F3, F5, F2 | 4,159 | $2.3457 | $10K |
| Grant/Award | Common Stock F1, F2 | 60,584 | $0.00 | $0.00 |
| Sale | Common Stock F3, F4, F2 | 4,158 | $2.4937 | $10K |
Holdings After Transaction:
Common Stock — 127,702 shares (Direct)
Footnotes (6)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement. The RSUs vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day before the Company's 2027 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.
- F2. Includes 60,584 unvested RSUs
- F3. The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2025.
- F4. Represents weighted average sales price. The shares were sold at prices ranging from $2.46 to $2.59. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5. Represents weighted average sales price. The shares were sold at prices ranging from $2.325 to $2.44. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F6. Represents weighted average sales price. The shares were sold at prices ranging from $2.34 to $2.435. The Reporting Person will provide upon request, to the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
RSUs granted: 60,584 RSUs
Shares sold July 10, 2026: 4,158 shares at $2.4937 per share
Shares sold July 13, 2026: 4,159 shares at $2.3457 per share
+2 more
5 metrics
RSUs granted
60,584 RSUs
Restricted Stock Units granted on July 10, 2026
Shares sold July 10, 2026
4,158 shares at $2.4937 per share
Open-market sale of Xos, Inc. common stock on July 10, 2026
Shares sold July 13, 2026
4,159 shares at $2.3457 per share
Open-market sale of Xos, Inc. common stock on July 13, 2026
Shares sold July 14, 2026
4,158 shares at $2.3913 per share
Open-market sale of Xos, Inc. common stock on July 14, 2026
Total shares sold
12,475 shares
Aggregate of three open-market sales in July 2026
Key Terms
Restricted Stock Units ("RSUs"), Rule 10b5-1 trading plan, weighted average sales price
3 terms
Restricted Stock Units ("RSUs") financial
"The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each of which"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 10b5-1 trading plan regulatory
"The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"Represents weighted average sales price. The shares were sold at prices ranging"
FAQ
What insider transactions did XOS director Dietmar Ostermann report in this Form 4/A?
He reported a grant of 60,584 RSUs on July 10, 2026 and open-market sales of 12,475 shares of Xos, Inc. common stock on July 10, 13, and 14, 2026, according to the amended Form 4.
Why was the XOS Form 4 amended for Dietmar Ostermann?
The amendment states that prior transactions on July 10, 13, and 14, 2026 were incorrectly reported with transaction code "D". They were actually open-market sales pursuant to a Rule 10b5-1 trading plan and should have been coded "S"; no other information was changed.
What are the terms of Dietmar Ostermann’s RSU grant from XOS?
The filing shows a grant of 60,584 RSUs, each representing a contingent right to one share of Xos, Inc. common stock. The RSUs vest on the earlier of the first anniversary of the grant date or the day before the company’s 2027 annual meeting, subject to continuous service.
Was a Rule 10b5-1 trading plan involved in the XOS insider sales?
Yes. The filing states that the sales reported on the lines with code "S" were effected under a Rule 10b5-1 trading plan adopted by Dietmar Ostermann on September 16, 2025, and the document-level Rule 10b5-1 checkbox is affirmed.
Do the XOS RSUs reported remain unvested?
A footnote indicates the holdings include 60,584 unvested RSUs. These RSUs vest based on time and the 2027 annual meeting timing, conditioned on Dietmar Ostermann’s continued service with Xos, Inc. through the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.