Aptera Motors Co-CEO Fambro sells shares to cover taxes

Q: How many SEV shares did Co-CEO Steve Fambro sell?

Steve Fambro’s direct Class B sales were 6,245 shares at $1.73 per share on November 2, 2026, and 6,146 shares at $1.74 per share on November 3, 2026. Sales attributed to spouse Patricia Fambro were 742 and 730 shares on those dates, at $1.73 and $1.74 per share, respectively.

Q: What was Patricia Fambro’s RSU vesting schedule?

Patricia Fambro’s 17,572 RSUs were scheduled to vest in four equal quarterly installments of 4,393 on January 31, April 30, July 31 and October 31, 2026, subject to her continuous service through each applicable vesting date. The final installment vested October 31, 2026, leaving no unvested RSUs under that grant.

The sales covered tax obligations from vested RSU settlements, including shares held indirectly by the Co-CEO’s spouse.

Available on EDGAR 11/04/2026 - 05:00 PM EST Accepted by SEC EDGAR 11/04/2026 - 05:00 PM EST

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Form Type

Rhea-AI Filing Summary

Aptera Motors Corp (SEV) Co-CEO Steve Fambro reported direct sales of 6,245 Class B shares at $1.73 per share on November 2, 2026, and 6,146 shares at $1.74 per share on November 3. His spouse, Patricia Fambro, had indirect sales of 742 and 730 shares at those respective prices and dates. The shares were sold to cover tax obligations resulting from settlement of vested RSUs. Patricia Fambro received 17,572 RSUs on December 29, 2025, scheduled to vest in four quarterly installments of 4,393, subject to continuous service; the final installment vested October 31, 2026.

Insider Trade Summary

Net Seller: 13,863 shares

Net Sell 5 txns

Insider Fambro Steve

Role Co-CEO

Sold 13,863 shs ($24K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock ^{F1, F2}	6,146	$1.74	$11K
Sale	Class B Common Stock ^{F1, F5}	730	$1.74	$1K
Sale	Class B Common Stock ^{F1, F2}	6,245	$1.73	$11K
Sale	Class B Common Stock ^{F1, F5}	742	$1.73	$1K
Grant/Award	Class B Common Stock ^{F3, F4}	17,572	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 105,345 shares (Direct); Class B Common Stock — 16,100 shares (Indirect, By Spouse)

Footnotes (5)

F1. Reflects the amount of Class B common stock sold to cover a tax obligation resulting from the settlement of vested restricted stock units ("RSUs").
F2. This amount includes 36,088 unvested RSUs subject to the applicable grant's vesting schedule as previously reported.
F3. On December 29, 2025, Patricia Fambro, spouse of the Reporting Person, was granted 17,572 RSUs pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, which vested in four equal quarterly installments of 4,393 RSUs on each of January 31, 2026, April 30, 2026, July 31, 2026 and October 31, 2026, subject to Mrs. Fambro's continuous service through each applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
F4. This amount includes 17,572 unvested RSUs subject to the grant's vesting schedule described in footnote 3.
F5. Following the vesting of the final installment on October 31, 2026, no RSUs under the grant described in footnote 3 remain unvested.

Key Figures

Direct Class B shares sold: 6,245 shares Indirect Class B shares sold by spouse: 742 shares Direct Class B shares sold: 6,146 shares +3 more

6 metrics

Direct Class B shares sold 6,245 shares November 2, 2026; $1.73 per share

Indirect Class B shares sold by spouse 742 shares November 2, 2026; $1.73 per share

Direct Class B shares sold 6,146 shares November 3, 2026; $1.74 per share

Indirect Class B shares sold by spouse 730 shares November 3, 2026; $1.74 per share

RSUs granted to Patricia Fambro 17,572 RSUs December 29, 2025

Quarterly RSU installment 4,393 RSUs Each of four equal quarterly installments, subject to continuous service

Key Terms

restricted stock units, vesting schedule, 2025 Omnibus Equity Incentive Plan

3 terms

restricted stock units financial

"settlement of vested restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting schedule financial

"subject to the applicable grant's vesting schedule"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

2025 Omnibus Equity Incentive Plan financial

"pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan"

FAQ

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

How many SEV shares did Co-CEO Steve Fambro sell?

Steve Fambro’s direct Class B sales were 6,245 shares at $1.73 per share on November 2, 2026, and 6,146 shares at $1.74 per share on November 3, 2026. Sales attributed to spouse Patricia Fambro were 742 and 730 shares on those dates, at $1.73 and $1.74 per share, respectively.

What was Patricia Fambro’s RSU vesting schedule?

Patricia Fambro’s 17,572 RSUs were scheduled to vest in four equal quarterly installments of 4,393 on January 31, April 30, July 31 and October 31, 2026, subject to her continuous service through each applicable vesting date. The final installment vested October 31, 2026, leaving no unvested RSUs under that grant.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Fambro Steve

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	11/02/2026		S		6,245⁽¹⁾	D	$1.73	111,491⁽²⁾	D
Class B Common Stock	11/03/2026		S		6,146⁽¹⁾	D	$1.74	105,345⁽²⁾	D
Class B Common Stock	12/29/2025		A		17,572⁽³⁾	A	$0	17,572⁽⁴⁾	I	By Spouse
Class B Common Stock	11/02/2026		S		742⁽¹⁾	D	$1.73	16,830⁽⁵⁾	I	By Spouse
Class B Common Stock	11/03/2026		S		730⁽¹⁾	D	$1.74	16,100⁽⁵⁾	I	By Spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects the amount of Class B common stock sold to cover a tax obligation resulting from the settlement of vested restricted stock units ("RSUs").

2. This amount includes 36,088 unvested RSUs subject to the applicable grant's vesting schedule as previously reported.

3. On December 29, 2025, Patricia Fambro, spouse of the Reporting Person, was granted 17,572 RSUs pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, which vested in four equal quarterly installments of 4,393 RSUs on each of January 31, 2026, April 30, 2026, July 31, 2026 and October 31, 2026, subject to Mrs. Fambro's continuous service through each applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.

4. This amount includes 17,572 unvested RSUs subject to the grant's vesting schedule described in footnote 3.

5. Following the vesting of the final installment on October 31, 2026, no RSUs under the grant described in footnote 3 remain unvested.

	/s/ Steve Fambro	11/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR