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Aptera Motors: Fambro proposes $10.8K share sale

The sale amount includes shares needed to cover a tax obligation tied to settlement of a vested equity award.

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Form Type
144

Rhea-AI Filing Summary

Aptera Motors Corp (SEV) is the issuer in a Rule 144 notice covering Steve Fambro’s proposed sale of 6,245 Class B shares on November 2, 2026, with an aggregate market value of $10,811.97. The shares were acquired from the issuer through restricted stock vesting on October 30, 2026; the notice says the sale includes an amount needed to cover a tax obligation tied to settlement of a vested equity award distribution. Prior three-month sales attributed to Steven Fambro were 6,517 shares on August 3, 2026, and 5,994 shares on August 4, 2026.

Proposed sale 6,245 Class B shares Proposed sale date: November 2, 2026
Aggregate market value $10,811.97 Proposed sale listed for November 2, 2026
Prior sale 6,517 shares August 3, 2026; Steven Fambro
Aggregate market value $11,523.77 Prior sale on August 3, 2026
Prior sale 5,994 shares August 4, 2026; Steven Fambro
Aggregate market value $11,331.06 Prior sale on August 4, 2026
Rule 144 regulatory
"definition of “person” in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"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.
vested 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 does Steve Fambro plan to sell?

The notice covers a proposed sale of 6,245 Class B shares on November 2, 2026, with an aggregate market value of $10,811.97. The shares were acquired through restricted stock vesting on October 30, 2026.

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

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144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

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