Aptera Motors (SEV) Co-CEO updates Form 4 with 144,343 RSU grant
Rhea-AI Filing Summary
Fambro Steve reported acquisition or exercise transactions in this Form 4 filing.
Aptera Motors Corp director and Co-CEO Steve Fambro reported an amended insider filing reflecting an equity compensation grant. On April 15, 2026, he was granted 144,343 restricted stock units (RSUs), each representing one share of Class B common stock, at no cash cost.
The amendment corrects an earlier error in the number of securities reported. These RSUs vest in four equal 25% installments on April 30, 2026, July 31, 2026, October 31, 2026, and December 31, 2026, contingent on his continued service. After this grant, his reported direct Class B holdings total 145,869 shares, including the unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 144,343 shares
Net Buy
1 txn
Insider
Fambro Steve
Role
Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 144,343 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 145,869 shares (Direct)
Footnotes (3)
- F1. This Form 4/A amends the original Form 4, filed on April 17, 2026, to correct an inadvertent error in the number of securities reported as granted.
- F2. On April 15, 2026, the Reporting Person was granted 144,343 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such RSUs vesting on each of April 30, 2026, July 31, 2026, October 31, 2026 and December 31, 2026. Each RSU represents a right to receive one share of the Issuer's Class B common stock, contingent on the Reporting Person's continuous service through each applicable vesting date.
- F3. This amount includes 144,343 unvested RSUs subject to the vesting schedule as reported herein.
Key Figures
RSUs granted: 144,343 RSUs
Post-grant holdings: 145,869 shares
Vesting schedule: 25% on four dates
+1 more
4 metrics
RSUs granted
144,343 RSUs
Equity award granted on April 15, 2026
Post-grant holdings
145,869 shares
Total direct Class B common stock after transaction
Vesting schedule
25% on four dates
Vests on Apr 30, Jul 31, Oct 31, Dec 31, 2026
Grant price
$0.0000 per share
Reported transaction price per share for RSU grant
Key Terms
restricted stock units ("RSUs"), 2025 Omnibus Equity Incentive Plan, vest, Class B common stock, +1 more
5 terms
restricted stock units ("RSUs") financial
"the Reporting Person was granted 144,343 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2025 Omnibus Equity Incentive Plan financial
"RSUs pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such RSUs vesting"
vest financial
"with 25% of such RSUs vesting on each of April 30, 2026, July 31, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class B common stock financial
"Each RSU represents a right to receive one share of the Issuer's Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
continuous service financial
"contingent on the Reporting Person's continuous service through each applicable vesting date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Aptera Motors (SEV) Co-CEO Steve Fambro report?
Steve Fambro reported an amended Form 4 for an equity grant. On April 15, 2026, he received 144,343 restricted stock units, each tied to one share of Aptera’s Class B common stock, as part of his compensation package.
Why was this Aptera Motors (SEV) Form 4/A filing amended?
The Form 4/A was filed to correct an inadvertent error in the original grant disclosure. The amendment clarifies that 144,343 restricted stock units were granted, updating the previously reported number of securities associated with Steve Fambro’s equity award.
What is the vesting schedule for Steve Fambro’s 144,343 RSUs at Aptera Motors (SEV)?
The 144,343 RSUs vest in four equal 25% installments. Vesting dates are April 30, 2026, July 31, 2026, October 31, 2026, and December 31, 2026, and each installment requires Fambro’s continuous service through the applicable vesting date.
What plan governs Steve Fambro’s RSU grant at Aptera Motors (SEV)?
The RSU grant was made under Aptera Motors’ 2025 Omnibus Equity Incentive Plan. This plan authorizes equity awards like restricted stock units, providing stock-based compensation that typically vests over time based on continued service requirements.