Aptera Motors (SEV) awards 157,334 RSUs to Co-CEO Fambro

Rhea-AI Filing Summary

Aptera Motors Corp Co-CEO Steve Fambro received a grant of 157,334 restricted stock units (RSUs) of Class B common stock. The RSUs were granted at no cost and are scheduled to vest in four equal 25% installments on April 30, 2026, July 31, 2026, October 31, 2026 and December 31, 2026, contingent on his continuous service. Each RSU converts into one share of Class B common stock when it vests. Following this compensation grant, Fambro directly holds 158,860 shares and RSUs of Class B common stock in total.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fambro Steve

Role Co-CEO

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	157,334	$0.00	--

Holdings After Transaction: Class B Common Stock — 158,860 shares (Direct)

Footnotes (1)

1. On April 15, 2026, the Reporting Person was granted 157,334 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. This amount includes 157,334 unvested RSUs subject to the vesting schedule as reported herein.

Key Figures

RSUs granted: 157,334 RSUs Vesting schedule: 25% on four 2026 dates Holdings after grant: 158,860 shares/RSUs +1 more

4 metrics

RSUs granted 157,334 RSUs Grant to Co-CEO Steve Fambro on April 15, 2026

Vesting schedule 25% on four 2026 dates April 30, July 31, October 31, December 31, 2026

Holdings after grant 158,860 shares/RSUs Total direct Class B holdings following transaction

Grant price per RSU $0.0000 per share RSUs granted at no cash cost to recipient

Key Terms

restricted stock units, 2025 Omnibus Equity Incentive Plan, vesting, Class B common stock

4 terms

restricted stock units financial

"the Reporting Person was granted 157,334 restricted stock units ("RSUs") pursuant"

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.

2025 Omnibus Equity Incentive Plan financial

"RSUs) pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25%"

vesting financial

"with 25% of such RSUs vesting on each of April 30, 2026, July 31, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fambro Steve

(Last) (First) (Middle)

5818 EL CAMINO REAL

(Street)

CARLSBAD CALIFORNIA 92008

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Aptera Motors Corp [ SEV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	04/15/2026		A		157,334(1)	A	$0	158,860(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On April 15, 2026, the Reporting Person was granted 157,334 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.

2. This amount includes 157,334 unvested RSUs subject to the vesting schedule as reported herein.

	/s/ Steve Fambro	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Aptera Motors (SEV) report for Steve Fambro?

Aptera Motors reported a grant of 157,334 restricted stock units (RSUs) of Class B common stock to Co-CEO Steve Fambro. The award is compensation-related, granted at no cash cost, and increases his total direct Class B holdings to 158,860 shares and RSUs.

How do the 157,334 RSUs granted to Aptera Motors (SEV) Co-CEO vest?

The 157,334 RSUs vest in four equal 25% installments on April 30, 2026, July 31, 2026, October 31, 2026 and December 31, 2026. Vesting is contingent on Steve Fambro’s continuous service with the company through each applicable vesting date.

What does each RSU granted to Aptera Motors (SEV) Co-CEO represent?

Each RSU granted to Steve Fambro represents the right to receive one share of Aptera Motors’ Class B common stock. Delivery of the share occurs as each RSU vests under the 2025 Omnibus Equity Incentive Plan, assuming he remains in continuous service through the vesting dates.

How many Aptera Motors (SEV) Class B shares does Steve Fambro hold after the RSU grant?

After the grant, Steve Fambro directly holds 158,860 Class B common stock shares and RSUs in total. This amount includes 157,334 unvested RSUs that are subject to the vesting schedule disclosed for 2026 under the company’s 2025 Omnibus Equity Incentive Plan.

Under which plan were the Aptera Motors (SEV) RSUs to Steve Fambro granted?

The 157,334 RSUs granted to Steve Fambro were issued under Aptera Motors’ 2025 Omnibus Equity Incentive Plan. This plan allows the company to grant equity-based awards, such as RSUs, as part of executive and employee compensation to align interests with shareholders.