Xos director sells 15,000 shares around $3
A director of Xos, Inc. disclosed open-market sales totaling 15,000 shares and reported remaining unvested RSUs.
Rhea-AI Filing Summary
Xos, Inc. (XOS) director Dietmar Ostermann reported two open-market sales of common stock. On September 2, 2026, he sold 10,000 shares at a weighted average price of $3.02 per share, with actual prices ranging from $3.02 to $3.04. On September 4, 2026, he sold an additional 5,000 shares at $3.00 per share. No Rule 10b5-1 trading plan is reported, and his reported holdings after these transactions include 60,584 unvested RSUs, though the total share count is not stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
2 txns
Insider
OSTERMANN DIETMAR
Role
Director
Sold
15,000 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 5,000 | $3.00 | $15K |
| Sale | Common Stock F1, F2 | 10,000 | $3.022 | $30K |
Holdings After Transaction:
Common Stock — 90,226 shares (Direct)
Footnotes (2)
- F1. Represents weighted average sales price. The shares were sold at prices ranging from $3.02 to $3.04. 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.
- F2. Includes 60,584 unvested RSUs.
Key Figures
Shares sold September 2, 2026: 10,000 shares
Weighted average sale price September 2, 2026: $3.02 per share
Shares sold September 4, 2026: 5,000 shares
+3 more
6 metrics
Shares sold September 2, 2026
10,000 shares
Open-market sale of Xos, Inc. common stock by a director
Weighted average sale price September 2, 2026
$3.02 per share
Prices ranged from $3.02 to $3.04
Shares sold September 4, 2026
5,000 shares
Open-market sale of Xos, Inc. common stock by a director
Sale price September 4, 2026
$3.00 per share
Open-market sale price for 5,000 shares
Unvested RSUs included in holdings
60,584 RSUs
Unvested restricted stock units included in post-transaction holdings
Total shares sold in reported transactions
15,000 shares
Sum of sales on September 2 and September 4, 2026
Key Terms
Restricted Stock Units, weighted average sales price, Rule 10b5-1
3 terms
Restricted Stock Units financial
"Includes 60,584 unvested RSUs."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sales price financial
"Represents weighted average sales price."
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did XOS director Dietmar Ostermann report?
He reported two sales of Xos, Inc. common stock: 10,000 shares on September 2, 2026 at a weighted average price of $3.02, and 5,000 shares on September 4, 2026 at $3.00 per share.
At what prices were the recent XOS insider sales executed?
On September 2, 2026, 10,000 shares were sold at a weighted average price of $3.02, with individual sale prices ranging from $3.02 to $3.04. On September 4, 2026, 5,000 shares were sold at $3.00 per share.
Were the XOS insider sales under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so the reported sales were not affirmed as being made under a Rule 10b5-1 trading plan.
What XOS equity awards does the director still hold after these sales?
The director’s reported holdings after these transactions include 60,584 unvested RSUs (restricted stock units). The filing does not state his total share count after the sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.