Aeva Technologies (AEVA) CEO share sale tied to RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aeva Technologies, Inc. Chief Executive Officer Soroush Salehian reported an insider transaction involving company common stock. On May 5, 2026, he sold 41,083 shares at an average price of $15.0418 per share. A footnote explains these shares were automatically sold in a non-discretionary transaction to cover tax withholding obligations upon the vesting of time-based restricted stock unit awards. Following the transaction, he held 1,725,329 shares directly and 1,720,808 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 41,083 shares ($617,962)
Net Sell
2 txns
Insider
Dardashti Soroush Salehian
Role
Chief Executive Officer
Sold
41,083 shs ($618K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 41,083 | $15.0418 | $618K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,725,329 shares (Direct, null);
Common Stock — 1,720,808 shares (Indirect, By trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 41,083 shares
Average sale price: $15.0418 per share
Direct holdings after transaction: 1,725,329 shares
+1 more
4 metrics
Shares sold
41,083 shares
Common Stock sale on May 5, 2026
Average sale price
$15.0418 per share
Automatic sale to cover tax withholding
Direct holdings after transaction
1,725,329 shares
Common Stock held directly post-transaction
Indirect holdings after transaction
1,720,808 shares
Common Stock held indirectly by trust
Key Terms
restricted stock unit, tax withholding obligations, non-discretionary transaction, indirect ownership
4 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
"automatically sold in a non-discretionary transaction to cover tax withholding"
indirect ownership financial
"total_shares_following_transaction": "1720808.0000" ... "ownership_type": "indirect""
FAQ
What did Aeva Technologies (AEVA) CEO Soroush Salehian report in this Form 4 filing?
He reported an insider transaction involving Aeva Technologies common stock. The filing shows a sale of shares tied to restricted stock unit vesting and related tax withholding rather than a discretionary open-market trade.
Was this Aeva Technologies (AEVA) insider sale part of an options exercise or RSU vesting?
It was connected to restricted stock unit vesting, not option exercise. The footnote explains the common shares were sold automatically to satisfy tax withholding obligations when certain time-based restricted stock units settled.
Does the Aeva Technologies (AEVA) Form 4 indicate discretionary selling by the CEO?
The filing characterizes the sale as non-discretionary. According to the footnote, the shares were automatically sold solely to cover tax withholding on vested restricted stock units, rather than a voluntary timing decision.