Aeva Technologies (NYSE: AEVA) CFO sells 6,830 shares for tax withholding
Rhea-AI Filing Summary
Aeva Technologies, Inc. Chief Financial Officer Saurabh Sinha reported an automatic sale of 6,830 shares of common stock on July 27, 2026 at $15.399 per share. A footnote states the shares were sold in a non-discretionary transaction to cover tax withholding upon vesting of time-based restricted stock units, leaving him with 651,372 shares held directly.
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Insights
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Insider Trade Summary
Net Seller: 6,830 shares
Net Sell
1 txn
Insider
Sinha Saurabh
Role
Chief Financial Officer
Sold
6,830 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,830 | $15.399 | $105K |
Holdings After Transaction:
Common Stock — 651,372 shares (Direct)
Footnotes (1)
- F1. This transaction is upon vesting of certain time-based restricted stock unit awards to cover tax withholding obligations. These shares of common stock were automatically sold in a non-discretionary transaction to cover tax withholding obligations upon the settlement of certain time-based restricted stock unit awards.
Key Figures
Shares sold: 6,830 shares
Sale price per share: $15.399
Shares held after transaction: 651,372 shares
3 metrics
Shares sold
6,830 shares
Common stock sold on July 27, 2026 to cover tax withholding
Sale price per share
$15.399
Per-share price for the 6,830 common shares sold
Shares held after transaction
651,372 shares
Direct ownership by CFO Saurabh Sinha following the sale
Key Terms
restricted stock unit, tax withholding obligations, non-discretionary transaction
3 terms
restricted stock unit financial
"upon the settlement of certain time-based restricted stock unit awards"
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
"sold in a non-discretionary transaction to cover tax withholding obligations"
non-discretionary transaction financial
"were automatically sold in a non-discretionary transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Aeva Technologies (AEVA) report for CFO Saurabh Sinha?
Aeva Technologies’ CFO Saurabh Sinha reported selling 6,830 shares of common stock on July 27, 2026 at $15.399 per share. The sale was automatic and intended to cover tax withholding obligations from vesting time-based restricted stock units.
Was the Aeva (AEVA) CFO’s Form 4 sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the sale is not affirmed as occurring under a 10b5-1 trading plan. However, the footnote specifies the sale was automatic and non-discretionary to satisfy tax withholding from vested RSUs.