CFO of Evolv Technologies (EVLV) receives 186,915 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kutsor George C reported acquisition or exercise transactions in this Form 4 filing.
Evolv Technologies Holdings, Inc. reported that Chief Financial Officer George C. Kutsor received an equity award of 186,915 Restricted Stock Units (RSUs) on March 2, 2026. Each RSU represents a contingent right to receive one share of Class A common stock and has no expiration date.
The RSUs were granted at no cash cost and will vest in three equal annual installments starting on March 2, 2027, tying the CFO’s compensation to the company’s long-term performance and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kutsor George C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 186,915 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 186,915 shares (Direct)
Footnotes (1)
- 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 vest in three equal annual installments commencing on March 2, 2027.
FAQ
What insider transaction did Evolv Technologies (EVLV) report for its CFO?
Evolv Technologies reported that CFO George C. Kutsor received 186,915 Restricted Stock Units as an equity award. These RSUs give him the right to receive an equal number of Class A common shares, aligning compensation with future company performance.
How many RSUs were granted to the Evolv Technologies (EVLV) CFO and at what price?
The CFO was granted 186,915 Restricted Stock Units at a stated price of $0.0000 per unit. This indicates a compensation award rather than an open-market purchase, structured as stock-based incentive for his role.
When do the RSUs granted to the Evolv Technologies (EVLV) CFO vest?
The RSUs vest in three equal annual installments beginning on March 2, 2027. This means one-third of the award becomes deliverable each year over three years, encouraging longer-term retention and alignment with shareholders.
What does each RSU granted to the Evolv Technologies (EVLV) CFO represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Evolv’s Class A common stock. The units themselves have no expiration date, but delivery of shares depends on meeting the vesting schedule.
Is the Form 4 transaction for Evolv Technologies (EVLV) CFO a stock purchase or an award?
The Form 4 shows a grant or award acquisition of RSUs rather than a stock purchase. The transaction code is “A” for grant, and the price per unit is recorded as $0.0000, confirming it as equity compensation.