[Form 4] Aeva Technologies, Inc. Warrants Insider Trading Activity

Rhea-AI Filing Summary

Sylebra Capital LLC and related parties reported changes in beneficial ownership of Aeva Technologies (AEVA) securities on June 20, 2025. Key details include:

Director and 10% owner Daniel Patrick Gibson acquired 5,968 shares of common stock at $0 through restricted stock units (RSUs). Following the transaction, the total beneficial ownership stands at 16,234,521 shares held indirectly through affiliated investment entities.

• The RSUs were awarded under the Non-Employee Director Compensation Plan
• RSUs will vest on the first anniversary of the grant date or upon a change of control
• Ownership structure involves multiple entities including Sylebra Capital Partners Master Fund, Sylebra Capital Parc Master Fund, and Sylebra Capital Menlo Master Fund
• Gibson owns 100% of Class A shares of Sylebra Cayman and 100% of Sylebra US membership interests

SEC Form 4

FORM 4

UNITED 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

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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^*

SYLEBRA CAPITAL LLC

(Last) (First) (Middle)

3000 EL CAMINO REAL BUILDING 5 SUITE 450

(Street)

PALO ALTO CA 94306

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Aeva Technologies, Inc. [ AEVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		A		5,968(3)	A	$0	16,234,521	I	See Footnote(1)(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

SYLEBRA CAPITAL LLC

(Last) (First) (Middle)

3000 EL CAMINO REAL BUILDING 5 SUITE 450

(Street)

PALO ALTO CA 94306

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Gibson Daniel Patrick

(Last) (First) (Middle)

400 FAIRVIEW AVENUE NORTH, SUITE 1200

(Street)

SEATTLE WA 98109

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Consists of 5,968 shares of Common Stock of the Issuer subject to restricted stock units held directly by Daniel Patrick Gibson (Gibson). The remaining shares of Common Stock of the Issuer are held by the Affiliated Investment Entities. Sylebra Capital Limited (Sylebra HK) and Sylebra Capital LLC (Sylebra US) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Parc Master Fund (PARC MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. SCP MF, PARC MF, MENLO MF and other advisory clients are referred to collectively as the Affiliated Investment Entities.

2. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Gibson owns 100% of the Class A shares of Sylebra Cayman and 100% of the membership interests of Sylebra US. Gibson is a founder, and the Chief Investment Officer, of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the securities of the Issuer heldby the Affiliated Investment Entities. Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson disclaim beneficial ownership of the shares of Common Stock of the Issuer held by the Affiliated Investment Entities, and this report shall not be deemed an admission that Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson are the beneficial owners of the shares of Common Stock held by the Affiliated Investment Entities, except to the extent of their pecuniary interest, if any, therein.

3. Reflects restricted stock units ("RSUs") awarded pursuant to the Issuer's Non-Employee Director Compensation Plan, pursuant to which each non-employee director of the Issuer receives an annual RSU grant that will vest on the first anniversary of the grant date or upon a change of control, if earlier.

	Matthew Whitehead, Authorised Signatory	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many shares did Sylebra Capital LLC acquire in AEVAW on June 20, 2025?

According to the Form 4 filing, Sylebra Capital LLC acquired 5,968 shares of Common Stock on June 20, 2025, in the form of restricted stock units (RSUs). Following this transaction, the total beneficial ownership amounts to 16,234,521 shares.

What is the vesting schedule for the RSUs granted to AEVAW's director?

The restricted stock units (RSUs) were awarded under AEVA's Non-Employee Director Compensation Plan and will vest on the first anniversary of the grant date or upon a change of control, if earlier. These RSUs were granted on June 20, 2025.

Who are the reporting persons in AEVAW's June 28, 2025 Form 4?

The Form 4 was filed by multiple reporting persons: Sylebra Capital LLC, located in Palo Alto, CA, and Daniel Patrick Gibson, located in Seattle, WA. Both are listed as 10% owners of AEVA, with Gibson also serving as a Director.

What is the ownership structure of Sylebra Capital entities in relation to AEVAW holdings?

According to the filing, Sylebra Capital Limited (HK) and Sylebra Capital LLC (US) are investment sub-advisers to Sylebra Capital Partners Master Fund, PARC Master Fund, and Menlo Master Fund. Daniel Gibson owns 100% of Sylebra Cayman's Class A shares and 100% of Sylebra US membership interests. Gibson serves as Chief Investment Officer of Sylebra Cayman.

What was the purchase price of the AEVAW shares acquired on June 20, 2025?

The Form 4 indicates that the 5,968 shares were acquired at a price of $0, as they were granted as restricted stock units (RSUs) as part of the company's Non-Employee Director Compensation Plan.