Evolv CRO exercises RSUs, sells shares for taxes
Evolv Technologies Holdings, Inc. Chief Revenue Officer Robert E. Marshall exercised 136,363 Restricted Stock Units (RSUs) into shares of Class A common stock and reported a related sale.
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Form Type
4
Rhea-AI Filing Summary
Evolv Technologies Holdings, Inc. Chief Revenue Officer Robert E. Marshall exercised 136,363 Restricted Stock Units (RSUs) into shares of Class A common stock and reported a related sale. He sold 62,067 shares at a weighted average price of $6.85 per share, with the sale effected solely to cover withholding taxes tied to RSU vesting. After these transactions, he holds 81,296 shares of Class A common stock directly and 272,727 RSUs, which vest in three equal annual installments starting on March 1, 2026.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Marshall Robert E
Role
Chief Revenue Officer
Sold
62,067 shs ($425K)
Approx. gross sale proceeds
$425K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 62,067 | $6.85 | $425K |
| Exercise | Restricted Stock Units | 136,363 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 136,363 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 272,727 contracts (Direct);
Class A Common Stock — 81,296 shares (Direct)
Footnotes (4)
- F1. The sale reported in the Form 4 was effected solely with the intent to cover withholding taxes in connection with the vesting of RSUs.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. 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.
- F3. 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.
- F4. The RSUs vest in three equal annual installments commencing on March 1, 2026.
Key Figures
Shares sold: 62,067 shares
Sale price per share: $6.85 per share
RSUs exercised: 136,363 RSUs
+3 more
6 metrics
Shares sold
62,067 shares
Class A common stock sold to cover withholding taxes
Sale price per share
$6.85 per share
Weighted average price for 62,067 shares sold
RSUs exercised
136,363 RSUs
Converted into Class A common stock
Shares held after transactions
81,296 shares
Direct ownership of Class A common stock
RSUs outstanding
272,727 RSUs
Restricted Stock Units remaining after reported exercise
RSU vesting schedule
Three equal annual installments
Vesting begins March 1, 2026
Key Terms
Restricted Stock Unit ("RSU"), weighted average price, withholding taxes, vesting, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
withholding taxes financial
"The sale reported in the Form 4 was effected solely with the intent to cover withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
vesting financial
"in connection with the vesting of RSUs."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual installments financial
"The RSUs vest in three equal annual installments commencing on March 1, 2026."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EVLV’s Chief Revenue Officer report?
Robert E. Marshall exercised RSUs and sold shares. He converted 136,363 Restricted Stock Units into Class A common stock, then sold 62,067 shares at a weighted average price of $6.85 per share, solely to cover withholding taxes related to RSU vesting.
Was the EVLV insider sale by the Chief Revenue Officer discretionary?
The filing states the sale aimed to cover withholding taxes. Footnotes explain the 62,067 shares sold were effected solely to satisfy tax obligations from RSU vesting, indicating a tax-driven transaction rather than an ordinary open-market sale for portfolio rebalancing.
What RSU position does the EVLV Chief Revenue Officer retain?
Marshall holds 272,727 Restricted Stock Units after the exercise. Each RSU represents a right to receive one EVLV Class A share, with the RSUs vesting in three equal annual installments beginning on March 1, 2026, according to the footnotes.
Do the EVLV RSUs held by the CRO have an expiration date?
The RSUs reported do not have an expiration date. Footnotes specify that each Restricted Stock Unit is a contingent right to receive one Class A share and that the RSUs have no stated expiration, with vesting scheduled annually from March 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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