Evolv Technologies Holdings (EVLV) director sells 80,745 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evolv Technologies Holdings, Inc. director Michael Ellenbogen exercised a stock option for 80,745 shares on February 17, 2026, converting options at an exercise price of $0.24 per share into Class A common stock. The same day, he sold 80,745 Class A shares in an open-market transaction at a weighted average price of $5.47 per share, with individual trades ranging from $5.39 to $5.65, under a pre-arranged Rule 10b5-1 trading plan entered into on June 12, 2025. Following these transactions, he directly owned 2,083,961 Class A shares and indirectly held 151,135 shares through Family Horizon Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 80,745 shares ($441,675)
Net Sell
4 txns
Insider
Ellenbogen Michael
Role
Director
Sold
80,745 shs ($442K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 80,745 | $0.00 | -- |
| Exercise | Class A Common Stock | 80,745 | $0.24 | $19K |
| Sale | Class A Common Stock | 80,745 | $5.47 | $442K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,219,994 shares (Direct);
Class A Common Stock — 2,164,706 shares (Direct);
Class A Common Stock — 151,135 shares (Indirect, Held by Family Horizon Trust)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on June 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.39 to $5.65. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The option vested and became exercisable as to 25% on January 31, 2018 and vested in 36 equal monthly installments thereafter.
FAQ
What did EVLV director Michael Ellenbogen report in this Form 4?
Michael Ellenbogen reported an option exercise for 80,745 shares of Evolv Technologies Class A common stock and the same-day sale of 80,745 shares. These transactions changed his direct and indirect ownership positions as detailed in the filing.
What is Michael Ellenbogen’s Evolv Technologies (EVLV) ownership after these transactions?
After the reported transactions, he directly owned 2,083,961 shares of Class A common stock and indirectly held 151,135 shares through Family Horizon Trust, reflecting both the option exercise and subsequent sale recorded in the Form 4.