Evolv Technologies director trades 80,745 shares
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Form Type
4
Rhea-AI Filing Summary
Michael Ellenbogen, a director of Evolv Technologies Holdings, Inc., exercised stock options for 80,745 shares of Class A Common Stock at $0.24 per share and on the same date sold 80,745 shares at a weighted-average price of $5.94 under a Rule 10b5-1 trading plan. Following these transactions, he holds 2,083,961 shares directly, 151,135 shares indirectly through the Family Horizon Trust, and 897,014 stock options expiring on September 13, 2027.
Insider Trade Summary 10b5-1
Exercise and Sale: 80,745 shares ($460K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Ellenbogen Michael
Role
Director
Sold
80,745 shs ($480K)
Approx. gross sale proceeds
$480K
Approx. exercise cost
$19K
Approx. pre-tax spread
$460K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 80,745 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 80,745 | $0.24 | $19K |
| Sale | Class A Common Stock F1, F2 | 80,745 | $5.94 | $480K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 897,014 contracts (Direct);
Class A Common Stock — 2,083,961 shares (Direct);
Class A Common Stock — 151,135 shares (Indirect, Held by Family Horizon Trust)
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on June 12, 2025.
- 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. The option vested and became exercisable as to 25% on January 31, 2018 and vested in 36 equal monthly installments thereafter.
Key Figures
Shares sold: 80,745 shares
Sale price: $5.94 per share
Options exercised: 80,745 shares
+4 more
7 metrics
Shares sold
80,745 shares
Class A Common Stock sold on 2026-07-15
Sale price
$5.94 per share
Weighted-average price for 80,745 shares sold
Options exercised
80,745 shares
Class A Common Stock acquired via option exercise on 2026-07-15
Option exercise price
$0.24 per share
Exercise price for stock options converted into 80,745 shares
Direct holdings after transactions
2,083,961 shares
Direct Class A Common Stock owned following the sale
Indirect holdings (trust)
151,135 shares
Class A Common Stock held via Family Horizon Trust
Remaining stock options
897,014 options
Stock Option (Right to Buy) outstanding after the exercise; expire 2027-09-13
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), underlying security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
underlying security financial
"underlying_security_title: Class A Common Stock"
Family Horizon Trust financial
"nature_of_ownership: Held by Family Horizon Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Michael Ellenbogen report for EVLV on July 15, 2026?
On July 15, 2026, Michael Ellenbogen exercised options for 80,745 EVLV Class A shares at $0.24 and sold 80,745 shares at a weighted-average price of $5.94. The sale was executed under a Rule 10b5-1 trading plan.
What options did Michael Ellenbogen exercise in this EVLV Form 4 filing?
He exercised 80,745 stock options for EVLV Class A Common Stock at an exercise price of $0.24 per share. The option vested 25% on January 31, 2018 and then in 36 equal monthly installments, and the remaining options expire on September 13, 2027.
How many EVLV stock options remain outstanding for Michael Ellenbogen after this exercise?
Following the exercise of 80,745 options, Michael Ellenbogen has 897,014 stock options remaining. These options relate to EVLV Class A Common Stock and carry an exercise price of $0.24 per share, with an expiration date of September 13, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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