Director Stuart N. Bernstein reported the sale of 4,071 shares of Xos, Inc. (NASDAQ: XOS) common stock on March 31, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The filing shows the shares were sold at prices between $1.64 and $1.662, producing gross proceeds of $6,693.
The transaction took place as the stock was trading close to its 52-week low of $1.60. Over the past week the share price has fallen roughly 15%, and it is down about 37% over the last six months, reflecting recent volatility in the market for the company’s equity.
After completing the March 31 sale, Bernstein retains direct ownership of 94,087 shares of Xos, Inc. That total includes 62,377 unvested Restricted Stock Units (RSUs). In addition to his direct holdings, Bernstein indirectly holds 4,133 shares through Bernstein Investment Partners LLC, where he is listed as the Managing Member.
The insider sale occurs against a backdrop of notable operational developments for Xos. The company reported it achieved profitability and positive cash flow for the first time in 2025. In that year Xos delivered a company-record 328 units, even as reported annual revenue declined to $46 million from $56 million in 2024. The company’s financial results prompted a positive reaction in aftermarket trading following the announcement.
Market participants and sell-side observers have been monitoring these developments closely. The move to profitability and the ability to produce positive cash flow are frequently cited metrics when assessing a company’s near-term financial stability. At the same time, the combination of deteriorating revenue and recent share-price weakness has contributed to heightened scrutiny of the company’s performance and valuation.
This filing adds to the public record on insider activity at Xos and provides an updated view of Bernstein’s stake following the March transaction. The Form 4 details and the company’s disclosed 2025 operating outcomes together offer investors and analysts additional data points as they assess Xos’s financial trajectory and market valuation.