Giordano Sordoni, chief operating officer and director of Xos Inc., sold 49,370 shares of the company’s common stock on August 20, 2026, for a total of $197,549.
The shares were sold at prices ranging from $4.00 to $4.03 per share, with a weighted average price of $4.0014. Following the transaction, Sordoni retains 1,553,458 shares, including 412,242 unvested restricted stock units.
Xos’s stock has surged 67% over the past week, coinciding with the company’s first military contract. The U.S. Air Force awarded Xos a prototype contract to develop a mobile charging system for electrified support equipment and vehicles. The contract was facilitated through the Air Force Global Strike Command Rapid Capabilities Division 2026 Showcase.
The company’s Q2 2026 financial results showed a loss of $0.55 per share, narrower than the anticipated $0.60 loss, but revenue totaled $4.7 million, below the forecast of $12.15 million due to a decline in deliveries compared with the prior year.
Xos, which trades on the NASDAQ under the ticker XOS, has a market capitalization of $49.76 million.
