Evolv (NASDAQ: EVLV) director reports 28,318 RSU grant and 27,050-share RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evolv Technologies Holdings director Richard A. Shapiro reported equity compensation activity in the form of restricted stock units (RSUs) and common stock. He received a grant of 28,318 RSUs, each representing a contingent right to one share of Class A common stock. These RSUs will vest in full at the earlier of June 18, 2027 or the day immediately preceding the company’s next annual meeting date.
Separately, 27,050 RSUs vested in full on June 17, 2026 and were exercised into 27,050 shares of Class A common stock, after which he held 79,565 shares directly. The filing also shows indirect holdings of 16,400 shares held by his spouse in a retirement plan, 22,500 shares held by a trust for which he has voting and dispositive power over the share-based assets, and 30,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,050 shares exercised/converted
Mixed
6 txns
Insider
Shapiro Richard A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 28,318 | $0.00 | -- |
| Exercise | Restricted Stock Units | 27,050 | $0.00 | -- |
| Exercise | Class A Common Stock | 27,050 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 28,318 shares (Direct, null);
Class A Common Stock — 79,565 shares (Direct, null);
Class A Common Stock — 30,000 shares (Indirect, Held by spouse)
Footnotes (1)
- Held by a trust for which the reporting person has voting and dispositive power over the share-based assets of the trust. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs have no expiration date. The RSUs vested in full on June 17, 2026. The RSUs will vest in full at the earlier of June 18, 2027 or the day immediately preceding the Issuer's next annual meeting date.
Key Figures
New RSU grant: 28,318 RSUs
RSU vesting date: June 18, 2027
RSUs exercised: 27,050 RSUs
+4 more
7 metrics
New RSU grant
28,318 RSUs
Grant of restricted stock units to director Richard A. Shapiro
RSU vesting date
June 18, 2027
Latest possible full-vesting date for new RSU grant
RSUs exercised
27,050 RSUs
RSUs vested in full on June 17, 2026 and converted to shares
Direct holdings after exercise
79,565 shares
Class A common stock held directly following transactions
Spouse retirement plan holdings
16,400 shares
Indirect Class A common stock held by spouse in a retirement plan
Trust holdings
22,500 shares
Indirect shares held by a trust with Shapiro’s voting and dispositive power
Spouse holdings
30,000 shares
Indirect Class A common stock held by spouse
Key Terms
Restricted Stock Units, Class A Common Stock, voting and dispositive power, annual meeting
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"one share of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
voting and dispositive power financial
"the reporting person has voting and dispositive power over the share-based assets"
annual meeting financial
"the day immediately preceding the Issuer's next annual meeting date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What equity awards did Richard A. Shapiro report in the latest EVLV Form 4?
Richard A. Shapiro reported a grant of 28,318 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Evolv Technologies’ Class A common stock as they vest under the award’s terms.
When do Richard A. Shapiro’s new EVLV RSUs vest?
The new RSUs will vest in full at the earlier of June 18, 2027 or the day immediately preceding Evolv Technologies’ next annual meeting date. Once vested, each RSU converts into one share of Class A common stock.
What EVLV RSUs did Richard A. Shapiro recently exercise into common stock?
Shapiro exercised 27,050 restricted stock units that vested in full on June 17, 2026. These RSUs converted into 27,050 shares of Evolv Technologies’ Class A common stock, increasing his directly held common share position.
What does each EVLV restricted stock unit (RSU) represent for Richard A. Shapiro?
Each restricted stock unit represents a contingent right to receive one share of Evolv Technologies’ Class A common stock. The RSUs have no expiration date and settle in stock when the specified vesting conditions are met.