Evolv Technologies (EVLV) director converts 27,050 RSUs into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evolv Technologies Holdings director David Mounts Gonzales exercised restricted stock units that vested on June 17, 2026, converting them into 27,050 shares of Class A common stock. These RSUs represented a right to receive one share each and carried no expiration date.
After this compensation-related conversion, Gonzales directly holds 201,789 shares of Evolv Class A common stock. The filing does not show any open-market purchases or sales, only the exercise of equity awards previously granted to him.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,050 shares exercised/converted
Mixed
2 txns
Insider
Mounts Gonzales David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 27,050 | $0.00 | -- |
| Exercise | Class A Common Stock | 27,050 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 201,789 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 vested in full on June 17, 2026.
Key Figures
RSUs exercised: 27,050 units
Shares acquired: 27,050 shares
Post-transaction holdings: 201,789 shares
+2 more
5 metrics
RSUs exercised
27,050 units
Restricted Stock Units converted to Class A common stock on June 17, 2026
Shares acquired
27,050 shares
Class A common stock received from RSU conversion
Post-transaction holdings
201,789 shares
Direct Class A common stock held after the RSU conversion
Exercise price per RSU
$0.00 per share
RSUs converted with no cash exercise price in the transaction records
Transaction code
M
Denotes exercise or conversion of derivative security
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security, Form 4
4 terms
Restricted Stock Units financial
"The RSUs vested in full on June 17, 2026."
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
"Each RSU represents a contingent right 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Evolv Technologies (EVLV) director David Mounts Gonzales report on this Form 4?
He reported exercising restricted stock units into common shares. The filing shows 27,050 RSUs converted into 27,050 shares of Class A common stock as part of his equity compensation, without any open-market buying or selling activity.
What are restricted stock units (RSUs) in the context of Evolv Technologies (EVLV)?
RSUs are equity awards representing rights to receive shares later. Each Evolv RSU in this filing corresponded to one Class A common share and vested fully on June 17, 2026, triggering the reported share issuance to the director.
When did David Mounts Gonzales’ Evolv Technologies (EVLV) RSUs vest?
The restricted stock units vested in full on June 17, 2026. Upon vesting, 27,050 RSUs converted into an equal number of Class A common shares, as disclosed in the Form 4 footnotes and transaction details.
Did the Evolv Technologies (EVLV) Form 4 show any stock sales by David Mounts Gonzales?
No, the Form 4 does not show any sales. It records only the exercise and conversion of 27,050 restricted stock units into Class A common stock, with no open-market dispositions or tax-withholding share transfers reported.