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Evolv Technologies (NASDAQ: EVLV) director to sell 50,000 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Evolv Technologies Holdings, Inc. (EVLV) received a notice under Rule 144 that director David Mounts Gonzales intends to sell restricted or control securities. The notice lists a proposed sale of 50,000 shares of common stock, with an aggregate market value of $282,543, to be sold through Merrill Lynch in open-market transactions on or about March 26, 2024, on Nasdaq.

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Shares proposed to be sold 50,000 shares Common stock to be sold for the account of David Mounts Gonzales under Rule 144
Aggregate market value $282,543 Aggregate market value of the 50,000 common shares listed in the Rule 144 notice
Approximate sale date 03/26/2024 Approximate date of open-market sale for the 50,000 common shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Merrill Lynch ... | 50000 | 282543 | 50000 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Open Market market
"Common | 03/26/2024 | Open Market | David Mounts Gonzales"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

FAQ

What does the Form 144 filing mean for Evolv Technologies Holdings, Inc. (EVLV)?

The filing states that director David Mounts Gonzales intends to sell 50,000 EVLV common shares under Rule 144. This is a planned disposition of restricted or control securities through a broker in open-market transactions.

How many EVLV shares are planned to be sold under this Form 144?

The notice lists a proposed sale of 50,000 shares of EVLV common stock. These shares are to be sold through Merrill Lynch in open-market transactions, as disclosed in the Rule 144 filing for director David Mounts Gonzales.

What is the aggregate market value of the EVLV shares in this Rule 144 filing?

The filing reports an aggregate market value of $282,543 for the 50,000 EVLV common shares covered by the notice. This figure reflects the market value used in the Form 144 disclosure for the proposed sale.

When are the EVLV shares expected to be sold under this Form 144 notice?

The Rule 144 notice identifies an approximate sale date of March 26, 2024. It states that 50,000 EVLV common shares may be sold in open-market transactions on or about that date through Merrill Lynch on Nasdaq.

Who is the insider selling EVLV shares and through which broker?

The planned sale is for the account of director David Mounts Gonzales. The Form 144 lists Merrill Lynch as the broker for the potential sale of 50,000 EVLV common shares in open-market transactions on Nasdaq.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature