Director at Evolv Technologies (EVLV) awarded 28,318 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ellenbogen Michael reported acquisition or exercise transactions in this Form 4 filing.
Evolv Technologies Holdings, Inc. director Michael Ellenbogen reported an award of 28,318 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the company’s Class A common stock and has no expiration date.
The 28,318 RSUs will vest in full on the earlier of June 18, 2027 or the day immediately before the company’s next annual meeting date. Following this grant, Ellenbogen holds 28,318 RSUs directly, reflecting a compensation-related equity award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ellenbogen Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 28,318 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 28,318 shares (Direct, null)
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 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
RSUs granted: 28,318 units
Shares per RSU: 1 share per unit
Post-grant RSU holdings: 28,318 units
+2 more
5 metrics
RSUs granted
28,318 units
Restricted Stock Units awarded on June 18, 2026
Shares per RSU
1 share per unit
Each RSU represents one share of Class A common stock
Post-grant RSU holdings
28,318 units
Total RSUs held following the reported transaction
Vesting date trigger
June 18, 2027
RSUs vest at this date or just before the next annual meeting
Exercise price
$0.00 per unit
RSUs are granted with no cash exercise price
Key Terms
Restricted Stock Units, Class A common stock, vest, transaction code "A"
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
"to receive 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.
vest financial
"The RSUs will vest in full at the earlier of June 18, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
transaction code "A" financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Michael Ellenbogen report for EVLV?
Michael Ellenbogen reported receiving an award of 28,318 Restricted Stock Units from Evolv Technologies Holdings, Inc. The RSUs are a form of equity compensation and each unit can convert into one share of Class A common stock upon vesting.
How many Evolv Technologies (EVLV) RSUs were granted to Michael Ellenbogen?
Michael Ellenbogen was granted 28,318 Restricted Stock Units. These RSUs represent future rights to receive 28,318 shares of Evolv Technologies’ Class A common stock, subject to the vesting schedule described in the filing’s footnotes.
What is the vesting schedule for Michael Ellenbogen’s EVLV RSU grant?
The 28,318 RSUs granted to Michael Ellenbogen will vest in full on the earlier of June 18, 2027 or the day immediately preceding Evolv Technologies’ next annual meeting date, making the exact vesting date dependent on when that meeting occurs.
Do Michael Ellenbogen’s EVLV RSUs have an expiration date?
The RSUs reported by Michael Ellenbogen have no expiration date. Each Restricted Stock Unit remains outstanding until it either vests under the specified schedule and converts into Class A common stock, or is otherwise forfeited under the award’s terms.
Is Michael Ellenbogen’s EVLV Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant of 28,318 Restricted Stock Units as compensation, not an open-market stock purchase. The transaction code "A" indicates an award or other acquisition rather than buying shares on the public market.