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Envirotech Vehicles (EVTV) CEO granted 490,000 stock options at $2.19 strike

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Envirotech Vehicles, Inc. disclosed that Chief Executive Officer Phillip Oldridge received a grant of stock options covering 490,000 shares of common stock. The options were granted on May 22, 2026 at an exercise price of $2.19 per share and vest immediately upon grant, meaning they are fully exercisable from the grant date. Following this compensation award, Oldridge holds 490,000 stock options directly, which are scheduled to expire on May 21, 2036. This filing reflects a grant/award acquisition rather than an open-market purchase or sale of shares.

Positive

  • None.

Negative

  • None.
Insider OLDRIDGE PHILLIP
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Stock Option 490,000 $0.00 --
Holdings After Transaction: Stock Option — 490,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 490,000 options Stock option grant to CEO on May 22, 2026
Exercise price $2.19 per share Strike price for newly granted options
Options after grant 490,000 options Total options held following this transaction
Grant date May 22, 2026 Date options were granted and vested
Expiration date May 21, 2036 Option expiration for this grant
Stock Option financial
"security_title: "Stock Option" and underlying_security_title: "Common Stock""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: "2.1900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vested and became exercisable upon grant financial
"The option vested and became exercisable upon grant."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
OLDRIDGE PHILLIP
(Last)(First)(Middle)
C/O ENVIROTECH VEHICLES, INC.
1425 OHLENDORF ROAD
(Street)
OSCEOLA ARKANSAS 72370
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Envirotech Vehicles, Inc. [ EVTV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$2.1905/22/2026A490,00005/22/2026(1)05/21/2036Common Stock490,000$0490,000D
Explanation of Responses:
1. The option vested and became exercisable upon grant.
/s/ Phillip Oldridge05/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Envirotech Vehicles (EVTV) report for Phillip Oldridge?

Envirotech Vehicles reported that CEO Phillip Oldridge received a grant of 490,000 stock options. These options give him the right to buy common shares at a fixed exercise price as part of his compensation package, rather than reflecting an open-market purchase or sale.

How many Envirotech Vehicles (EVTV) options were granted to the CEO and at what price?

Phillip Oldridge was granted stock options on 490,000 shares of Envirotech Vehicles common stock at an exercise price of $2.19 per share. This sets the price he must pay per share if he chooses to exercise the options before they expire.

When do Phillip Oldridge’s new Envirotech Vehicles (EVTV) stock options vest and expire?

The stock options granted to Phillip Oldridge vested and became exercisable immediately on May 22, 2026. They have an expiration date of May 21, 2036, giving him roughly ten years to decide if and when to exercise them.

Does the Envirotech Vehicles (EVTV) Form 4 show an open-market buy or sell by the CEO?

The Form 4 shows a grant of stock options to CEO Phillip Oldridge, classified as a grant or award acquisition. It does not report any open-market buying or selling of Envirotech Vehicles common shares, only the issuance of derivative securities as compensation.

How many Envirotech Vehicles (EVTV) stock options does the CEO hold after this grant?

After this transaction, Phillip Oldridge is reported as holding 490,000 stock options directly. Each option is linked to one share of Envirotech Vehicles common stock, providing potential future equity exposure if he exercises them before the expiration date.