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Aeva Technologies (AEVA) CTO receives large RSU and PSU equity grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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%"
specified prices per share financial
"The PSUs vest upon the Issuer's Common Stock achieving specified prices per share"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rezk Mina

(Last)(First)(Middle)
C/O AEVA TECHNOLOGIES, INC.
555 ELLIS STREET

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Aeva Technologies, Inc. [ AEVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026A159,977(1)A$01,602,348D
Common Stock2,056,669IBy trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Unit(2)05/29/2026A319,954 (2) (2)Common Stock319,954$0319,954D
Explanation of Responses:
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.
2. 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.
/s/ Mina Rezk05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Aeva Technologies (AEVA) shares does Mina Rezk hold directly after these awards?

Direct holdings increased to over 1.6 million shares. After the 159,977-share restricted stock unit grant, Rezk’s directly owned common stock position is 1,602,348 shares, reflecting only his direct ownership and excluding additional indirect holdings through a trust.

Does Mina Rezk have indirect ownership of Aeva Technologies (AEVA) shares?

Yes, he has a substantial indirect position via a trust. In addition to his direct holdings, 2,056,669 shares of Aeva common stock are reported as indirectly owned, held by a trust, which is identified as the nature of this indirect ownership in the filing.

Did the Aeva Technologies (AEVA) Form 4 show any share sales by Mina Rezk?

No share sales were reported for this date. The transactions consist of equity grants—restricted stock units and performance stock units—at a price of $0.00 per share, along with an updated indirect holding entry, without any reported open-market purchases or sales.