Major Aptera Motors (SEV) holder sells 48,500 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 48,500 shares ($149,957)
Net Sell
1 txn
Insider
Johnson Michael Edious
Role
null
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)
- [object Object]
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
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.
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.