OSTERMANN DIETMAR 4

What Happened

• Dietmar Ostermann, a director of Xos, Inc. (XOS), sold 3,351 shares on 2026-06-08 in an open-market/private sale. The weighted average sale price was $4.45, producing proceeds of approximately $14,916. This was a sale (not a purchase or award).

Key Details

• Transaction date: 2026-06-08; Filing date: 2026-06-10 (filed within the normal two-business-day Form 4 window).
• Shares sold: 3,351; Weighted average price: $4.45; Total proceeds: ~$14,916.
• Price range: shares were sold at prices between $4.1785 and $5.1205 (F1 notes weighted avg; exact per-share breakdown available on request).
• Reported holdings note: F2 indicates the reporting person’s holdings include 62,377 unvested RSUs.
• Transaction code: S (sale). No indication in the filing of a 10b5-1 plan or tax-withholding disposition.

Context

• Sales by insiders can be routine (diversification or liquidity) and do not by themselves indicate company prospects. This was an outright sale rather than an exercise or award; retail investors should view it as a disposition of shares totaling modest proceeds (~$15k).