REE Automotive (NASDAQ: REE) CBO sells 556 vested shares at $0.34
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REE Automotive Ltd. Chief Business Officer Tali Miller reported an RSU vesting and related share sale. On May 22, 2026, 556 Restricted Stock Units granted on May 22, 2023 fully vested, each converting into one Class A Ordinary Share. Immediately after vesting, the 556 underlying Class A Ordinary Shares were sold in an open-market transaction at $0.34 per share. Following these transactions, Miller reported no directly held Class A Ordinary Shares, while retaining 239,022 Restricted Stock Units under the company’s 2021 Share Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 556 shares ($189)
Net Sell
2 txns
Insider
Miller Tali
Role
Chief Business Officer
Sold
556 shs ($189.04)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 556 | $0.00 | -- |
| Sale | Class A Ordinary Shares | 556 | $0.34 | $189.04 |
Holdings After Transaction:
Restricted Stock Units — 239,022 shares (Direct);
Class A Ordinary Shares — 0 shares (Direct)
Footnotes (1)
- Following the vesting of the Restricted Stock Units ("RSUs") granted under REE Automotive Ltd.'s (the "Company") 2021 Share Incentive Plan, with each RSU representing the right to receive, following vesting, one share of the Company's Class A Ordinary Shares, the underlying Class A Ordinary Shares received were then sold. The 556 RSUs, which were fully vested as of May 22, 2026, were part of a grant received by the Reporting Person on May 22, 2023.
Key Figures
Shares sold: 556 shares
Sale price: $0.34 per share
RSUs vested: 556 RSUs
+1 more
4 metrics
Shares sold
556 shares
Class A Ordinary Shares sold on May 22, 2026
Sale price
$0.34 per share
Open-market sale of Class A Ordinary Shares
RSUs vested
556 RSUs
Fully vested as of May 22, 2026 from May 22, 2023 grant
RSUs remaining
239,022 RSUs
Restricted Stock Units held following the reported transactions
Key Terms
Restricted Stock Units, derivative exercise/conversion, 2021 Share Incentive Plan
3 terms
Restricted Stock Units financial
"The 556 RSUs, which were fully vested as of May 22, 2026, were part of a grant..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transaction did REE (REE) report for Tali Miller?
Tali Miller reported an RSU vesting and related share sale. On May 22, 2026, 556 Restricted Stock Units vested into Class A Ordinary Shares, and the same 556 shares were then sold in an open-market transaction at $0.34 per share.
What REE (REE) equity does Tali Miller hold after the reported transactions?
After the transactions, Miller reports no direct Class A share holdings. However, she continues to hold 239,022 Restricted Stock Units under REE Automotive Ltd.’s 2021 Share Incentive Plan, representing potential future Class A Ordinary Shares upon vesting and settlement.
What is the structure of the RSUs involved in the REE (REE) filing?
Each RSU represents the right to receive one Class A Ordinary Share. The filing notes that, following vesting under REE Automotive Ltd.’s 2021 Share Incentive Plan, the underlying Class A Ordinary Shares received from 556 RSUs were then sold in the open market.