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Aptera Motors: Fambro proposes $12.9K share sale

The proposed shares came from restricted-stock vesting, and the notice ties part of the sale to a vested award's tax obligation.

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Form Type
144/A

Rhea-AI Filing Summary

Aptera Motors Corp (SEV) reports that Steven Fambro, identified as an officer and director, proposed to sell 6,832 Class B shares with an aggregate market value of $12,915.22. The shares were acquired through restricted stock vesting on August 3, 2026, and the proposed sale is listed for August 4, 2026. The notice says the sale includes an amount needed to cover a tax obligation from settlement of a vested equity award distribution. It amends and supersedes a filing submitted August 4, 2026, correcting the shares proposed for sale and the securities sold during the preceding three months. The remarks attribute 838 shares of the proposed sale, and a sale during the preceding three months, to Patricia Fambro, Steven Fambro’s spouse.

Proposed Class B shares 6,832 shares Steven Fambro; proposed sale listed for August 4, 2026
Aggregate market value $12,915.22 Proposed sale of 6,832 Class B shares
Past sale, May 28, 2026 7,647 shares; $18,725.97 gross proceeds Steven Fambro, Class B
Past sale, May 29, 2026 7,975 shares; $18,576.17 gross proceeds Steven Fambro, Class B
Past sale, August 3, 2026 6,517 shares; $11,524.01 gross proceeds Steven Fambro, Class B
Past sale, August 3, 2026 794 shares; $1,404.03 gross proceeds Patricia Fambro, Class B
Restricted Stock Vesting financial
"Nature of Acquisition Transaction: Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Gross Proceeds financial
"Amount of Securities Sold | Gross Proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
equity award distribution financial
"settlement of a vested equity award distribution"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SEV shares did Steven Fambro propose to sell?

Steven Fambro proposed to sell 6,832 Class B shares with an aggregate market value of $12,915.22. The shares were acquired through restricted stock vesting on August 3, 2026, and the proposed sale is listed for August 4, 2026.

Who held some of the SEV shares listed for sale?

The remarks say Patricia Fambro, Steven Fambro’s spouse, held the account for 838 shares of the proposed sale and for a sale during the preceding three months.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

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