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Aptera Motors Corp (NASDAQ: SEV) sale by major holder entity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Aptera Motors Corp 10% owner Michael Johnson, through Michael Johnson Properties, Ltd., reported two insider sales of Class B Common Stock. On January 5, 2026, Michael Johnson Properties, Ltd. sold 10,500 Class B shares at $4.604 per share. On January 6, 2026, the same entity sold an additional 11,500 Class B shares at $4.59 per share.

Following these transactions, 5,062,776 Class B shares were reported as beneficially owned indirectly. The shares are directly owned by Michael Johnson Properties, Ltd., and Michael Johnson, as its sole owner, may be deemed to have voting and dispositive power over the shares held by this entity.

Positive

  • None.

Negative

  • None.
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*
Johnson Michael Edious

(Last) (First) (Middle)
5818 EL CAMINO REAL

(Street)
CARLSBAD CA 92008

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Aptera Motors Corp [ SEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/05/2026 S 10,500 D $4.604 5,074,276 I By Michael Johnson Properties, Ltd.(1)
Class B Common Stock 01/06/2026 S 11,500 D $4.59 5,062,776 I By Michael Johnson Properties, Ltd.(1)
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. These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity.
/s/ Michael Johnson 01/07/2026
** 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.

FAQ

What insider activity did Aptera Motors Corp (SEV) report in this Form 4?

The filing reports that Michael Johnson Properties, Ltd., associated with 10% owner Michael Johnson, sold Class B Common Stock of Aptera Motors Corp in two transactions on January 5 and 6, 2026.

How many Aptera Motors Corp (SEV) shares were sold and at what prices?

On January 5, 2026, 10,500 Class B shares were sold at $4.604 per share. On January 6, 2026, 11,500 Class B shares were sold at $4.59 per share.

Who is the reporting person in this Aptera Motors Corp (SEV) Form 4?

The reporting person is Johnson Michael Edious, identified as a 10% owner of Aptera Motors Corp. The reported shares are held indirectly through Michael Johnson Properties, Ltd..

Are the Aptera Motors Corp (SEV) sales held directly or indirectly by the insider?

The Class B Common Stock is held indirectly by the reporting person, through Michael Johnson Properties, Ltd., as noted under the ownership form and the nature of indirect beneficial ownership.

How many Aptera Motors Corp (SEV) shares does the entity hold after the reported sales?

After the reported transactions, 5,062,776 Class B Common Stock shares were beneficially owned indirectly through Michael Johnson Properties, Ltd..

What does the footnote in the Aptera Motors Corp (SEV) Form 4 explain?

The footnote states that the shares are directly owned by Michael Johnson Properties, Ltd., and that Michael Johnson is the sole owner of this entity and may be deemed to have voting and dispositive power over the shares it holds.
Aptera Motors Corp.

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