Evolv Technologies Holdings, Inc. (EVLV) director exercises 27,050 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evolv Technologies Holdings, Inc. director Mark J. Sullivan exercised restricted stock units into common shares. On June 17, 2026, 27,050 RSUs vested in full and were converted into 27,050 shares of Class A common stock at no exercise price. Following this equity award vesting and conversion, he holds 242,628 Class A shares directly, with no same-day sale reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,050 shares exercised/converted
Mixed
2 txns
Insider
Sullivan Mark J.
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 — 242,628 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 received: 27,050 shares
Post-transaction holdings: 242,628 shares
+2 more
5 metrics
RSUs exercised
27,050 units
Restricted Stock Units vested and converted on June 17, 2026
Shares received
27,050 shares
Class A common stock delivered upon RSU conversion
Post-transaction holdings
242,628 shares
Class A common stock held directly after June 17, 2026 event
Exercise price
$0.00 per share
RSUs converted to Class A common stock at no cost
Transactions classified as acquire
2 entries
One derivative RSU entry and one non-derivative common stock entry
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security
3 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
"underlying security title: 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"
FAQ
What insider transaction did Evolv Technologies (EVLV) disclose for Mark J. Sullivan?
Evolv Technologies reported that director Mark J. Sullivan exercised 27,050 restricted stock units into 27,050 shares of Class A common stock. The RSUs vested in full on June 17, 2026 and converted at a zero exercise price as part of his equity compensation.
What are the terms of the restricted stock units reported by Evolv Technologies (EVLV)?
Each restricted stock unit represents a contingent right to receive one Class A common share. The RSUs in this filing have no expiration date and vested in full on June 17, 2026, triggering the delivery of 27,050 Evolv Technologies Class A common shares.
Is the Evolv Technologies (EVLV) Form 4 transaction a routine equity compensation event?
The filing describes RSUs that vested in full and converted into common shares, which is a standard equity compensation mechanism. There are no reported open-market purchases, sales, or tax-withholding dispositions associated with this June 17, 2026 transaction.