STOCK TITAN

Aptera Motors (SEV) grants $2.17 options that vest immediately to interim CFO

(Neutral)
(Neutral)
Form Type
4

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 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)
  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.
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
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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
DaPolito Thomas James

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option$2.1708/18/2026A50,032 (1)08/18/2036Class B Common Stock50,032$050,032D
Explanation of Responses:
1. 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.
/s/ Tom DaPolito08/20/2026
** Signature of Reporting PersonDate
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)