Aeva Technologies (AEVA) CTO receives large RSU and PSU equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rezk Mina reported acquisition or exercise transactions in this Form 4 filing.
Aeva Technologies Chief Technology Officer Mina Rezk received new equity awards as part of his compensation. He was granted 159,977 shares of common stock at no cost in the form of restricted stock units, increasing his directly held common stock to 1,602,348 shares.
He was also granted 319,954 performance stock units, each representing a right to one share of common stock if vesting conditions are met. The RSUs vest in 12.5% increments every six months after January 26, 2026, subject to continued service, and the PSUs depend on both stock price targets and service. In addition, 2,056,669 shares are held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rezk Mina
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 319,954 | $0.00 | -- |
| Grant/Award | Common Stock | 159,977 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Unit — 319,954 shares (Direct, null);
Common Stock — 1,602,348 shares (Direct, null);
Common Stock — 2,056,669 shares (Indirect, By trust)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSU is subject to service-based vesting requirements and vests with respect to 12.5% of the RSUs following every six-month anniversary after January 26, 2026, subject to Reporting Person's continuous service through each applicable vesting date. Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock. The PSUs vest upon the Issuer's Common Stock achieving specified prices per share and upon service-based vesting requirements.
Key Figures
RSU grant: 159,977 shares
PSU grant: 319,954 units
Direct common shares after grant: 1,602,348 shares
+2 more
5 metrics
RSU grant
159,977 shares
Restricted stock units, common stock, granted at $0.00 per share
PSU grant
319,954 units
Performance stock units, each tied to one share of common stock
Direct common shares after grant
1,602,348 shares
Common stock directly held by Mina Rezk following RSU grant
Indirect common shares
2,056,669 shares
Common stock held indirectly by trust
RSU vesting schedule
12.5% every six months
From January 26, 2026, subject to continuous service
Key Terms
restricted stock unit ("RSU"), performance stock unit ("PSU"), service-based vesting requirements, specified prices per share
4 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
performance stock unit ("PSU") financial
"Each performance stock unit ("PSU") represents a contingent right to receive one share"
service-based vesting requirements financial
"The RSU is subject to service-based vesting requirements and vests with respect to 12.5%"
FAQ
What equity awards did Aeva Technologies (AEVA) CTO Mina Rezk receive?
Mina Rezk received both restricted and performance stock units. He was granted 159,977 restricted stock units tied to common shares and 319,954 performance stock units, each convertible into one share if vesting conditions are satisfied, all at a grant price of $0.00 per unit.
How do Mina Rezk’s new RSUs at Aeva Technologies (AEVA) vest?
The restricted stock units vest over multiple six-month periods. 12.5% of the RSUs vest following every six-month anniversary after January 26, 2026, as long as Rezk remains in continuous service with the company through each applicable vesting date.
What conditions apply to Mina Rezk’s performance stock units at Aeva Technologies (AEVA)?
The performance stock units depend on share price and service. Each PSU converts into one share of common stock only if Aeva’s stock reaches specified price levels and separate service-based vesting requirements are met, aligning potential value with both company performance and continued employment.