Aptera Motors holder sells 48,500 Class B shares

Aptera Motors Corp major shareholder Michael Johnson, through Michael Johnson Properties, Ltd., executed an open-market sale of Class B Common Stock.

Rhea-AI Filing Summary

Aptera Motors Corp major shareholder Michael Johnson, through Michael Johnson Properties, Ltd., executed an open-market sale of Class B Common Stock. The entity sold 48,500 shares at an average price of $3.0919 per share and now holds 4,976,276 shares indirectly.

Insider Trade Summary

Net Seller: 48,500 shares

Net Sell 1 txn

Insider Johnson Michael Edious

Role 10% Owner

Sold 48,500 shs ($150K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock	48,500	$3.0919	$150K

Holdings After Transaction: Class B Common Stock — 4,976,276 shares (Indirect, By Michael Johnson Properties, Ltd.)

Footnotes (1)

1. F1. 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.

Key Figures

Shares sold: 48,500 shares Average sale price: $3.0919 per share Shares owned after transaction: 4,976,276 shares +1 more

4 metrics

Shares sold 48,500 shares Class B Common Stock, open-market sale on 2026-04-17

Average sale price $3.0919 per share Class B Common Stock transaction on 2026-04-17

Shares owned after transaction 4,976,276 shares Indirect holdings by Michael Johnson Properties, Ltd. following sale

Net shares sold 48,500 shares Net sell direction in transaction summary

Key Terms

open-market sale, indirect ownership, ten percent owner, voting and dispositive power

4 terms

open-market sale financial

"transaction_action: "open-market sale" for Class B Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "By Michael Johnson Properties, Ltd.""

ten percent owner financial

"reporting person is marked as "is_ten_percent_owner": 1"

voting and dispositive power financial

"footnote states Johnson may be deemed to have voting and dispositive power"

FAQ

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

What insider transaction did Aptera Motors Corp (SEV) report?

Aptera Motors reported that Michael Johnson Properties, Ltd., associated with major holder Michael Johnson, completed an open-market sale of 48,500 shares of Class B Common Stock at an average price of $3.0919 per share, as reflected in a Form 4 filing.

Who sold shares in Aptera Motors Corp (SEV) according to this Form 4?

The shares were sold by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of this entity and may be deemed to have voting and dispositive power over the shares held by it, making the sale attributable to this affiliated entity rather than a direct personal holding.

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

The filing shows an open-market sale of 48,500 shares of Aptera Motors Corp Class B Common Stock. The reported average transaction price was $3.0919 per share, indicating a single sale transaction classified as a non-derivative disposition in the Form 4 details.

How many Aptera Motors Corp (SEV) shares does the insider entity hold after the sale?

After the reported sale, Michael Johnson Properties, Ltd. holds 4,976,276 shares of Aptera Motors Corp Class B Common Stock indirectly. This figure is disclosed as the total number of shares beneficially owned following the transaction in the Form 4 report.

Is the Aptera Motors Corp (SEV) transaction a buy or sell action?

The transaction is a sell action. The Form 4 classifies it with code “S,” described as a sale in an open market or private transaction, and the normalized transaction fields identify it as an open-market sale of non-derivative Class B Common Stock.

Does Michael Johnson have control over the Aptera Motors Corp (SEV) shares sold?

According to the footnote, the shares are directly owned by Michael Johnson Properties, Ltd., and Michael Johnson is that entity’s sole owner. He may be deemed to have voting and dispositive power over the shares held, indicating control through this affiliated entity.

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

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Accepted by SEC EDGAR 04/21/2026 - 02:28 PM EDT Learn about SEC filing dates

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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	04/17/2026		S		48,500	D	$3.0919	4,976,276	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	04/21/2026
	** 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)