Envirotech Vehicles (EVTV) interim CFO receives 310,000 stock options at $2.19

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Envirotech Vehicles, Inc. director and President & Interim CFO Jason Maddox received a grant of stock options. He was awarded options for 310,000 shares of common stock at an exercise price of $2.19 per share. The filing states the option vested and became exercisable immediately upon grant, and following this award he holds 310,000 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Maddox Jason

Role President & Interim CFO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	310,000	$0.00	--

Holdings After Transaction: Stock Option — 310,000 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Options granted: 310,000 options Exercise price: $2.19 per share Expiration date: May 21, 2036 +2 more

5 metrics

Options granted 310,000 options Stock option grant to Jason Maddox for common stock

Exercise price $2.19 per share Strike price for the 310,000 stock options

Expiration date May 21, 2036 Option expiry for the granted stock options

Transaction date May 22, 2026 Grant and vesting date for the options

Underlying shares 310,000 shares Common stock underlying the granted options

Key Terms

Stock Option, exercise price, Grant, award, or other acquisition, derivative securities, +1 more

5 terms

Stock Option financial

"security_title: "Stock Option""

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

"conversion_or_exercise_price: "2.1900" 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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

derivative securities financial

"total_shares_following_transaction for derivative position"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

vested and became exercisable upon grant financial

"footnote: "The option vested and became exercisable upon grant.""

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 04:30 PM

SEC Form 4

FORM 4

UNITED 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^*

Maddox Jason

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & Interim CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$2.19	05/22/2026		A		310,000		05/22/2026⁽¹⁾	05/21/2036	Common Stock	310,000	$0	310,000	D

Explanation of Responses:

1. The option vested and became exercisable upon grant.

	/s/ Jason Maddox	05/27/2026
	** Signature of Reporting Person	Date
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 EVTV report for Jason Maddox on this Form 4?

Envirotech Vehicles reported that President & Interim CFO Jason Maddox received a grant of stock options for 310,000 shares of common stock. These options were reported as a derivative acquisition on the Form 4, not as an open‑market purchase or sale.

How many Envirotech Vehicles (EVTV) options were granted to Jason Maddox?

Jason Maddox was granted stock options covering 310,000 shares of Envirotech Vehicles common stock. The Form 4 shows this full amount as both the transaction size and his total derivative holdings following the grant, indicating this is his entire reported option position from this filing.

What is the exercise price and term of Jason Maddox’s EVTV stock options?

The granted Envirotech Vehicles options have an exercise price of $2.19 per share. According to the Form 4, they were granted and became exercisable on May 22, 2026, and are scheduled to expire on May 21, 2036, giving a 10‑year term.

When do Jason Maddox’s Envirotech Vehicles (EVTV) options vest?

The Form 4 footnote states that Jason Maddox’s stock option vested and became exercisable upon grant. This means there is no vesting schedule over time; he may exercise the full 310,000 options at the stated exercise price once granted.

Is Jason Maddox’s EVTV option grant a market purchase or sale of shares?

The transaction is a grant of stock options, not a market trade in Envirotech Vehicles shares. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with no reported open‑market buying or selling activity in this filing.

How is Jason Maddox’s ownership in EVTV characterized after this option grant?

Following the transaction, the Form 4 reports that Jason Maddox directly holds 310,000 derivative securities in the form of stock options. These options are linked to 310,000 underlying shares of common stock, which he could acquire by exercising at the $2.19 strike price.