Aeva Technologies insider files for 250k-share sale; prior 10b5-1 sale noted

Rhea-AI Filing Summary

Aeva Technologies (AEVAW) filed a Form 144 reporting a proposed sale of 250,000 common shares originally acquired as Founders Shares on 12/05/2016. The filing lists an aggregate market value of $3,295,000 for the proposed sale and reports 56,328,000 shares outstanding, with an approximate sale date of 08/11/2025.

The filing also records a prior 10b5-1 sale of 250,000 shares on 05/19/2025 that generated $3,924,787.50 in gross proceeds. The form includes the seller's representation that they do not possess undisclosed material information and references compliance with Rule 10b5-1 and Rule 144 trading procedures.

Positive

• Seller represents compliance with Rule 144 and 10b5-1, including a statement of no undisclosed material information.
• Proposed sale size is small relative to outstanding shares (250,000 shares ≈ 0.44% of 56,328,000).

Negative

• Insider-originated sale of 250,000 shares is proposed, which may be viewed negatively by some investors.
• Prior sale of identical size on 05/19/2025 generated $3,924,787.50 in gross proceeds, indicating recent insider selling activity.

Insights

Securities Analyst

TL;DR: Proposed sale equals 250,000 shares (~0.44% of outstanding); similar 10b5-1 sale occurred 05/19/2025.

The filing discloses a proposed disposition of 250,000 shares, which represents approximately 0.44% of the 56,328,000 shares outstanding (250,000/56,328,000). The seller lists the shares as acquired as Founders Shares on 12/05/2016. A prior 10b5-1 sale of the same quantity on 05/19/2025 produced $3,924,787.50 in gross proceeds, showing the seller executed a recent sale of identical size. The broker named for the proposed sale is Morgan Stanley Smith Barney LLC. These are disclosure items; the filing does not provide the seller's stated motive or indicate undisclosed company developments.

Corporate Governance Expert

TL;DR: Form 144 shows compliance steps (Rule 144/10b5-1) and an insider-originated share disposition; no governance breaches disclosed.

The document includes the standard insider representation that no material nonpublic information exists and references reliance on Rule 10b5-1 where applicable. The securities to be sold are identified as Founders Shares acquired on 12/05/2016. The filing does not include a populated "person for whose account" field for the proposed sale, though prior sales are attributed to a named trust under a 10b5-1 plan. No regulatory actions, exemptions, or governance exceptions are stated in the filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	250000	3295000.00	56328000	08/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/05/2016	Founders Shares	Issuer			250000	12/05/2016	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for Mina Rezk & Nada Rezk, Co-TTEE Rezk Family Trust UAD 02/15/2022 555 Ellis Street Mountain View CA 94043	Common	05/19/2025	250000	3924787.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the AEVAW Form 144 disclose?

The filing discloses a proposed sale of 250,000 common shares with an aggregate market value of $3,295,000 and an approximate sale date of 08/11/2025.

Who originally acquired the shares to be sold?

The shares were acquired as Founders Shares on 12/05/2016, according to the filing.

Does the filing show any recent insider sales?

Yes. The filing records a prior 10b5-1 sale of 250,000 shares on 05/19/2025 with gross proceeds of $3,924,787.50.

How many shares are outstanding according to the filing?

The filing lists 56,328,000 shares outstanding.

Which broker is named for the proposed sale?

The broker named for the proposed sale is Morgan Stanley Smith Barney LLC.

Does the filing say the seller has material nonpublic information?

The filing includes the seller's representation that they do not know any material adverse information that has not been publicly disclosed.