Envirotech director granted 50,000 stock options
Envirotech Vehicles, Inc. director Elk Terri White received a grant of stock options on May 22, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Envirotech Vehicles, Inc. director Elk Terri White received a grant of stock options on May 22, 2026. The award covers 50,000 stock options, each exercisable for one share of common stock at an exercise price of $2.19 per share. According to the filing, the option vested and became exercisable immediately upon grant and will expire on May 21, 2036. Following this compensation grant, the director holds options covering 50,000 shares, all reported as directly owned.
Insider Trade Summary
Grant/Award: 50,000 shares
Grant/Award
1 txn
Insider
Elk Terri White
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 50,000 contracts (Direct)
Footnotes (1)
- F1. The option vested and became exercisable upon grant.
Key Figures
Options granted: 50,000 options
Exercise price: $2.19 per share
Underlying shares: 50,000 shares
+3 more
6 metrics
Options granted
50,000 options
Grant to director on May 22, 2026
Exercise price
$2.19 per share
Stock option exercise price
Underlying shares
50,000 shares
Common stock underlying the options
Expiration date
May 21, 2036
Option term end date
Post-grant option holdings
50,000 options
Total options held following transaction
Vesting
Immediate upon grant
Footnote states vested and exercisable upon grant
Key Terms
Stock Option, exercise price, expiration date, Common Stock, +1 more
5 terms
Stock Option financial
"The award covers 50,000 stock options, each exercisable for one share of 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.
exercise price financial
"at an exercise price of $2.19 per share"
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.
expiration date financial
"and will expire on May 21, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"each exercisable for one share of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Envirotech Vehicles (EVTV) report for Elk Terri White?
Envirotech Vehicles reported that director Elk Terri White received a grant of 50,000 stock options. These options are a compensation award, not an open-market purchase or sale, and give the right to buy common shares at a fixed exercise price.
How many stock options were granted to the Envirotech Vehicles (EVTV) director?
The director received a grant of 50,000 stock options. Each option is linked to one share of Envirotech Vehicles common stock, providing potential future ownership if the director chooses to exercise the options before their expiration date.
What is the exercise price and term of the new Envirotech Vehicles (EVTV) options?
The options carry an exercise price of $2.19 per share and expire on May 21, 2036. This means the director can acquire shares at $2.19 any time before that expiration, subject to remaining unexercised and company and plan rules.
When did the Envirotech Vehicles (EVTV) director’s options vest and become exercisable?
The footnote states the option vested and became exercisable upon grant on May 22, 2026. Immediate vesting means the director can exercise the options right away, rather than waiting for a future vesting schedule to complete.
Is the Envirotech Vehicles (EVTV) Form 4 transaction a market buy or sell?
The transaction is a grant or award acquisition of stock options, not a market buy or sell. It reflects equity-based compensation for the director, rather than the director choosing to purchase or sell Envirotech Vehicles shares in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates