STOCK TITAN

Aptera Motors (SEV) director receives 210,045 RSU award vesting through 2030

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reiter Wellington Jay reported acquisition or exercise transactions in this Form 4 filing.

Aptera Motors Corp director Wellington Jay Reiter reported an equity compensation award. On August 11, 2026, he was granted 210,045 restricted stock units (RSUs) under the 2025 Omnibus Equity Incentive Plan at a stated price of $0.0000 per share. 27,397 RSUs vested immediately on August 11, 2026, with four additional tranches of 45,662 RSUs each scheduled to vest on August 11 of 2027, 2028, 2029, and 2030. Each RSU represents the right to receive one share of Class B common stock, contingent on his continuous service through each vesting date, resulting in 210,045 Class B shares reported as directly owned after the grant.

Positive

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Negative

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Insider Reiter Wellington Jay
Role Director
Type Security Shares Price Value
Grant/Award Class B Common Stock F1 210,045 $0.00 $0.00
Holdings After Transaction: Class B Common Stock — 210,045 shares (Direct)
Footnotes (1)
  1. F1. On August 11, 2026, the Reporting Person was granted 210,045 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan that vest as follows: 27,397 RSUs vested on August 11, 2026; 45,662 RSUs vest on August 11, 2027, 45,662 RSUs vest on August 11, 2028, 45,662 RSUs vest on August 11, 2029 and the remaining 45,662 RSUs vest on August 11, 2030. .Each RSU represents a right to receive one share of the Issuer's Class B common stock, contingent on the Reporting Person's continuous service through each applicable vesting date.
RSUs granted 210,045 RSUs Restricted stock units granted on August 11, 2026 under the 2025 Omnibus Equity Incentive Plan
Immediate vesting tranche 27,397 RSUs Portion of the award vesting on August 11, 2026
Annual vesting tranches 45,662 RSUs Each tranche vesting on August 11, 2027, 2028, 2029 and 2030
Reported holdings after grant 210,045 shares Class B common stock directly owned after the RSU grant
Grant price per share $0.0000 per share Stated transaction price for the Class B common stock associated with the RSUs
restricted stock units financial
"the Reporting Person was granted 210,045 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.
2025 Omnibus Equity Incentive Plan financial
"pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan that vest as follows"
continuous service financial
"contingent on the Reporting Person's continuous service through each applicable vesting date"
Class B common stock financial
"Each RSU represents a right to receive one share of the Issuer's 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.

FAQ

What insider transaction did Aptera Motors Corp (SEV) report for Wellington Jay Reiter?

Aptera Motors reported that director Wellington Jay Reiter received 210,045 RSUs on August 11, 2026. The award is under the 2025 Omnibus Equity Incentive Plan and represents potential Class B common shares subject to specified vesting dates and continued service conditions.

How many Aptera Motors (SEV) RSUs vested immediately for Wellington Jay Reiter?

On the grant date, 27,397 RSUs vested immediately for Wellington Jay Reiter. The remaining award is scheduled to vest in four equal tranches of 45,662 RSUs each over the following four years, assuming he continues to provide service through each vesting date.

What is the vesting schedule of Wellington Jay Reiter’s Aptera Motors (SEV) RSU grant?

Reiter’s 210,045 RSU grant vests as follows: 27,397 RSUs on August 11, 2026, and 45,662 RSUs on each of August 11, 2027, 2028, 2029, and 2030. Vesting is contingent on his continuous service with the company.

What does each RSU granted to Wellington Jay Reiter by Aptera Motors (SEV) represent?

Each RSU represents a right to receive one share of Class B common stock. Delivery of the shares occurs only if Wellington Jay Reiter remains in continuous service with Aptera Motors through the applicable vesting dates specified in the award footnote.

What was Wellington Jay Reiter’s reported Aptera Motors (SEV) Class B share ownership after the RSU grant?

Following the RSU grant, Wellington Jay Reiter reported 210,045 shares of Aptera Motors Class B common stock as directly owned. This reflects the RSU award as reported in the Form 4, including the portion that vested immediately on the grant date.

Was Wellington Jay Reiter’s Aptera Motors (SEV) RSU grant made under a trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan. The footnote describes the award as a grant of RSUs under the 2025 Omnibus Equity Incentive Plan, rather than a transaction executed under a 10b5-1 trading plan.

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

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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*
Reiter Wellington Jay

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
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
Class B Common Stock08/11/2026A210,045(1)A$0210,045D
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
Explanation of Responses:
1. On August 11, 2026, the Reporting Person was granted 210,045 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan that vest as follows: 27,397 RSUs vested on August 11, 2026; 45,662 RSUs vest on August 11, 2027, 45,662 RSUs vest on August 11, 2028, 45,662 RSUs vest on August 11, 2029 and the remaining 45,662 RSUs vest on August 11, 2030. .Each RSU represents a right to receive one share of the Issuer's Class B common stock, contingent on the Reporting Person's continuous service through each applicable vesting date.
/s/ Tom DaPolito, as attorney-in-fact08/13/2026
** 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)