Major Aptera Motors (SEV) holder’s entity sells 38,000 Class B shares

Rhea-AI Filing Summary

Aptera Motors Corp (SEV) insider-related entity sells shares. An entity associated with major shareholder Michael Johnson, Michael Johnson Properties, Ltd., sold 38,000 shares of Class B Common Stock on January 28, 2026 at a price of $1.4084 per share.

After this sale, Michael Johnson Properties, Ltd. indirectly held 5,024,776 Class B shares, over which Michael Johnson may be deemed to have voting and dispositive power as sole owner of the entity.

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

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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)
01/28/2026

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	01/28/2026		S		38,000	D	$1.4084	5,024,776	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	01/29/2026
	** 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-related transaction did Aptera Motors Corp (SEV) report on this Form 4?

The filing reports that Michael Johnson Properties, Ltd., an entity associated with major shareholder Michael Johnson, sold 38,000 shares of Aptera Motors Class B Common Stock at $1.4084 per share on January 28, 2026, as disclosed in the non-derivative securities table.

Who executed the Aptera Motors (SEV) share sale disclosed in this Form 4?

The shares were sold by Michael Johnson Properties, Ltd. According to the disclosure, Michael Johnson is the sole owner of this entity and may be deemed to have voting and dispositive power over the shares held by Michael Johnson Properties, Ltd., which executed the transaction.

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

The Form 4 shows a sale of 38,000 shares of Aptera Motors Class B Common Stock. The reported transaction price was $1.4084 per share. This sale was coded as an “S” transaction, indicating a disposition of non-derivative securities by the reporting entity.

How many Aptera Motors (SEV) shares remain held after this transaction?

Following the reported sale, Michael Johnson Properties, Ltd. beneficially owned 5,024,776 shares of Aptera Motors Class B Common Stock indirectly. The filing notes that Michael Johnson, as sole owner of the entity, may be deemed to have voting and dispositive power over these remaining shares.

What is Michael Johnson’s relationship to Aptera Motors Corp (SEV) in this filing?

Michael Johnson is reported as a ten percent owner of Aptera Motors Corp. The shares involved are held indirectly through Michael Johnson Properties, Ltd., which directly owns the stock. Johnson is the sole owner of this entity and may be deemed to control voting and disposition.

Does this Aptera Motors (SEV) Form 4 involve any derivative securities?

No derivative securities are reported in this Form 4. The Table II section for derivative securities such as options, warrants, or convertible instruments is present but contains no entries, indicating only non-derivative Class B Common Stock was involved in this particular transaction.