Aeva Technologies (AEVA) CFO tax sale of 5,643 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aeva Technologies, Inc. Chief Financial Officer Saurabh Sinha reported an automatic sale of 5,643 shares of common stock on May 5, 2026 at an average price of $15.0418 per share. The shares were sold in a non-discretionary transaction solely to cover tax withholding obligations upon the vesting of time-based restricted stock unit awards. Following this tax-related sale, Sinha directly owned 590,034 shares of Aeva Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,643 shares ($84,881)
Net Sell
1 txn
Insider
Sinha Saurabh
Role
Chief Financial Officer
Sold
5,643 shs ($85K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,643 | $15.0418 | $85K |
Holdings After Transaction:
Common Stock — 590,034 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,643 shares
Sale price: $15.0418 per share
Shares owned after transaction: 590,034 shares
+1 more
4 metrics
Shares sold
5,643 shares
Automatic sale on May 5, 2026 to cover tax withholding
Sale price
$15.0418 per share
Average price for 5,643 shares sold on May 5, 2026
Shares owned after transaction
590,034 shares
Direct holdings of CFO Saurabh Sinha after the sale
Net share direction
5,643 share net sale
transactionSummary netBuySellShares
Key Terms
restricted stock unit, tax withholding obligations, non-discretionary transaction, open-market sale
4 terms
restricted stock unit financial
"upon vesting of certain time-based restricted stock unit awards to cover tax withholding obligations"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"automatically sold in a non-discretionary transaction to cover tax withholding obligations upon the settlement"
non-discretionary transaction financial
"shares of common stock were automatically sold in a non-discretionary transaction to cover tax withholding obligations"
open-market sale financial
"transaction_action": "open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Aeva (AEVA) report for its CFO?
Aeva’s Chief Financial Officer, Saurabh Sinha, reported an automatic sale of 5,643 common shares. The shares were sold to satisfy tax withholding obligations triggered when his time-based restricted stock units vested and settled into common stock.