Envirotech Vehicles (EVTV) COO receives 310,000 stock options at $2.19 strike

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

1 transaction reported

Mixed 1 txn

Insider Tracy Elgin

Role COO

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)

1. [object Object]

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.""

Form 4 Insider Transactions: What Each Field Means →

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^*

Tracy Elgin

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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/ Elgin Tracy	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)

FAQ

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.