Envirotech COO granted 310,000 stock options
Envirotech Vehicles, Inc. COO Tracy Elgin received a grant of stock options covering 310,000 shares of common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Envirotech Vehicles, Inc. COO Tracy Elgin received a grant of stock options covering 310,000 shares of common stock. The options were awarded on May 22, 2026 with an exercise price of $2.19 per share and an expiration date of May 21, 2036.
The filing states that the option vested and became exercisable immediately upon grant, meaning Elgin can choose to exercise the options at any time before they expire, subject to the plan terms. Following this grant, Elgin holds 310,000 stock options directly.
Insider Trade Summary
Grant/Award: 310,000 shares
Grant/Award
1 txn
Insider
Tracy Elgin
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 310,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 310,000 contracts (Direct)
Footnotes (1)
- F1. The option vested and became exercisable upon grant.
Key Figures
Options granted: 310,000 options
Exercise price: $2.19 per share
Underlying shares: 310,000 shares
+2 more
5 metrics
Options granted
310,000 options
Stock option grant to COO Tracy Elgin on May 22, 2026
Exercise price
$2.19 per share
Exercise price of stock options granted May 22, 2026
Underlying shares
310,000 shares
Common stock underlying the granted stock options
Expiration date
May 21, 2036
Expiry of stock options granted to COO
Post-grant option holdings
310,000 options
Total options held following the reported grant
Key Terms
Stock Option, exercise price, expiration date, Grant, award, or other acquisition, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" with underlying common stock shares"
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 for the option"
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
"expiration_date: "2036-05-21T00:00:00.000Z" for the option grant"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vested and became exercisable upon grant financial
"footnote: "The option vested and became exercisable upon grant.""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Envirotech Vehicles (EVTV) COO Tracy Elgin report on this Form 4?
Envirotech Vehicles COO Tracy Elgin reported receiving a grant of stock options for 310,000 shares of common stock. These options were awarded as compensation and are held directly, giving the COO the right to buy shares at a fixed exercise price until expiration.
How many stock options did EVTV COO Tracy Elgin receive and at what exercise price?
Tracy Elgin received stock options for 310,000 shares of Envirotech Vehicles common stock. The options carry an exercise price of $2.19 per share, meaning Elgin can buy shares at that price regardless of future market levels, as long as the options are exercised before expiration.
When do Tracy Elgin’s Envirotech Vehicles stock options vest and expire?
The stock options granted to Tracy Elgin vested and became exercisable immediately on May 22, 2026. They have an expiration date of May 21, 2036, providing a 10-year window during which Elgin may choose to exercise the options, subject to applicable plan terms.
Is Tracy Elgin’s Form 4 transaction a purchase or a compensation award from Envirotech Vehicles?
The Form 4 shows a compensation-related award, not an open-market purchase. Tracy Elgin received a grant of stock options from Envirotech Vehicles with a transaction code A, indicating a grant, award, or other acquisition rather than buying shares directly in the market.
How many Envirotech Vehicles options does Tracy Elgin hold after this grant?
After the reported transaction, Tracy Elgin holds 310,000 stock options for Envirotech Vehicles common stock. This entire amount comes from the new grant reported in the filing, and the options are held directly according to the ownership information disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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