[SCHEDULE 13D/A] Aeva Technologies, Inc. Warrants SEC Filing
Filing: Schedule 13D/A by Soroush Salehian Dardashti, CEO of Aeva Technologies, Inc. (AEVAW).
The statement reports aggregate beneficial ownership of 3,317,034 shares (5.8%), calculated using 56,327,698 shares outstanding as of July 31, 2025 plus 738,776 options exercisable within 60 days. Beneficial holdings consist of 243,450 shares held directly, 2,334,808 shares held by a trust for the Reporting Person, and 738,776 shares underlying exercisable options. The filing excludes 1,654,412 restricted stock units not expected to settle within 60 days.
Recent transactions since the 60-day lookback include: (i) June 16, 2025 gift of 175,000 shares to an unaffiliated trust; (ii) July 7, 2025 automatic sale of 69,901 shares at a weighted-average price of $30.53 for $2,134,077.53 to cover withholding; (iii) August 5, 2025 gifts of 580,000 shares to an unaffiliated trust and 425,000 shares to the Reporting Person's spouse (the spouse transferred those 425,000 shares to an unaffiliated trust on August 6, 2025). Event date: 08/05/2025; Signature date: 08/07/2025.
- Maintains a beneficial stake of 3,317,034 shares (5.8%), a material disclosure for investors.
- Detailed transaction disclosure including dates, share amounts, weighted-average sale price ($30.53) and proceeds ($2,134,077.53).
- Large transfers totaling 1,180,000 shares to unaffiliated trusts and spouse between June 16 and August 6, 2025.
- Automatic sale of 69,901 shares on July 7, 2025 to cover withholding obligations.
Insights
TL;DR: Insider reports a 5.8% beneficial stake with several large intra-family and trust transfers and a withholding sale.
The filing provides precise ownership figures: 3,317,034 shares (5.8%) including 738,776 exercisable options. Material transactions recorded since the 60-day lookback total 1,180,000 shares transferred to trusts/spouse and a 69,901-share automatic sale at a weighted-average $30.53 to satisfy tax withholding. For investors, the key takeaways are the retained >5% beneficial ownership and the recent redistribution of economic/voting exposure via trusts and a spouse transfer, all disclosed in a timely Schedule 13D/A.
TL;DR: CEO remains a >5% beneficial holder but has executed notable gifts to trusts and a spouse transfer.
The report documents ownership composition and specific transfers: direct record ownership (243,450 shares), trust-held shares (2,334,808), and options (738,776). It also discloses the exclusion of 1,654,412 RSUs not expected to vest within 60 days. From a governance perspective, these gift transfers and spouse-to-trust movements are clearly disclosed; however, the filing does not allege any change in control or voting arrangements beyond the reported beneficial ownership figures.