Aptera Motors (SEV) grants $2.17 options that vest immediately to interim CFO
Rhea-AI Filing Summary
Aptera Motors Corp (SEV) reported that Interim CFO Thomas James DaPolito received an employee stock option grant. On August 18, 2026, he was granted options to purchase 50,032 shares of Class B Common Stock at an exercise price of $2.17 per share under the 2025 Omnibus Equity Incentive Plan, vesting immediately and expiring on August 18, 2036. Following this grant, he holds 50,032 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DaPolito Thomas James
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option F1 | 50,032 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option — 50,032 shares (Direct)
Footnotes (1)
- F1. On August 18, 2026 (the "Grant Date"), the Reporting Person was granted an option to purchase 50,032 shares of the Issuer's Class B Common Stock (the "Shares") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with all Shares vesting immediately upon grant.
Key Figures
Options granted: 50,032 shares
Exercise price: $2.17 per share
Expiration date: August 18, 2036
+2 more
5 metrics
Options granted
50,032 shares
Employee stock option grant on August 18, 2026
Exercise price
$2.17 per share
Conversion or exercise price of granted options
Expiration date
August 18, 2036
Expiration of employee stock options
Underlying security
50,032 shares of Class B Common Stock
Shares subject to the employee stock option grant
Derivative securities owned after grant
50,032 options
Total derivative securities held directly following the transaction
Key Terms
Employee Stock Option, Class B Common Stock, 2025 Omnibus Equity Incentive Plan
3 terms
Employee Stock Option financial
"security_title: "Employee Stock Option""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Class B Common Stock financial
"underlying_security_title: "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.
2025 Omnibus Equity Incentive Plan financial
"pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan"
FAQ
What insider transaction did SEV report for Thomas James DaPolito?
SEV reported that Interim CFO Thomas James DaPolito received an employee stock option grant for 50,032 shares of Class B Common Stock on August 18, 2026, with all options vesting immediately upon grant.
What is the exercise price of the options granted to SEV’s Interim CFO?
The options granted to SEV’s Interim CFO carry an exercise price of $2.17 per share for 50,032 underlying shares of Class B Common Stock.
When do the options granted to SEV’s Interim CFO expire?
The options granted to SEV’s Interim CFO on August 18, 2026, are scheduled to expire on August 18, 2036.
How many derivative securities does SEV’s Interim CFO hold after this Form 4?
After this reported transaction, SEV’s Interim CFO holds 50,032 derivative securities (employee stock options) directly.
Do the options granted to SEV’s Interim CFO vest over time or immediately?
All of the options granted to SEV’s Interim CFO on August 18, 2026, vest immediately upon grant, according to the footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.