REE Automotive (REE) CBO exercises 9,837 RSUs and sells all resulting shares
Rhea-AI Filing Summary
REE Automotive Ltd.'s Chief Business Officer Tali Miller reported an exercise-and-sale transaction involving Class A Ordinary Shares. On June 15, 2026, Miller exercised 9,837 Restricted Stock Units (RSUs), each converting into one Class A Ordinary Share, under the company’s 2021 Share Incentive Plan.
The 9,837 underlying shares were then sold in open-market transactions at a weighted average price of $0.4200 per share, with individual trade prices ranging from $0.3627 to $0.4601. Following these transactions, Miller holds 229,185 RSUs, which represent a remaining deferred equity position rather than current shares.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with same-day sale of all delivered shares.
Chief Business Officer Tali Miller exercised 9,837 RSUs into Class A Ordinary Shares and immediately sold the same number in open-market trades at a weighted average price of $0.4200 per share. This is a classic exercise-and-sell pattern tied to stock-based compensation.
The filing notes prices ranged from $0.3627 to $0.4601, indicating multiple small trades rather than a single block. After the transaction, Miller no longer holds these shares but retains 229,185 RSUs, reflecting continued equity-based incentives with future settlement depending on vesting and company performance terms.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,837 | $0.00 | -- |
| Sale | Class A Ordinary Shares | 9,837 | $0.42 | $4K |
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. This transaction was executed in multiple trades at prices ranging from $0.3627 to $0.4601. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected. The 9,837 RSUs, which were fully vested as of June 15, 2026, were part of a grant received by the Reporting Person on September 15, 2024.