Tesla (NASDAQ: TSLA) director exercises 40,000 options and sells stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Tesla, Inc. director Kathleen Wilson-Thompson reported an option exercise and related share sales. On March 30, 2026, she exercised 40,000 Non-Qualified Stock Options for Tesla common stock at an exercise price of $14.99 per share, increasing her common stock to 59,669 shares.

On the same date, she sold a total of 25,809 shares of Tesla common stock in multiple open-market transactions at prices generally between about $352.22 and $367.02 per share, pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2025. After these transactions, she directly owned 33,860 Tesla shares.

Insider Trade Summary 10b5-1

Net Seller: 25,809 shares ($9,273,888)

Net Sell 17 txns

Insider Wilson-Thompson Kathleen

Role Director

Sold 25,809 shs ($9.27M)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	40,000	$0.00	--
Exercise	Common Stock	40,000	$14.99	$600K
Sale	Common Stock	2,000	$352.833	$706K
Sale	Common Stock	1,640	$353.658	$580K
Sale	Common Stock	1,800	$354.802	$639K
Sale	Common Stock	2,481	$355.644	$882K
Sale	Common Stock	2,360	$356.794	$842K
Sale	Common Stock	1,120	$357.839	$401K
Sale	Common Stock	520	$358.77	$187K
Sale	Common Stock	1,880	$360.181	$677K
Sale	Common Stock	1,000	$361.035	$361K
Sale	Common Stock	2,320	$362.142	$840K
Sale	Common Stock	4,001	$363.083	$1.45M
Sale	Common Stock	3,927	$363.947	$1.43M
Sale	Common Stock	560	$364.888	$204K
Sale	Common Stock	120	$365.897	$44K
Sale	Common Stock	80	$366.855	$29K

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 40,948 shares (Direct); Common Stock — 59,669 shares (Direct)

Footnotes (1)

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.220 to $353.210, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.250 to $354.230, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.250 to $355.220, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.260 to $356.250, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.300 to $357.290, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.310 to $358.190, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.370 to $359.300, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.550 to $360.470, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.570 to $361.520, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.570 to $362.550, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.580 to $363.570, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.580 to $364.560, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.590 to $365.540, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $365.690 to $366.230, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.690 to $367.020, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary from June 18, 2019, such that all shares subject to the option were fully vested and exercisable by June 18, 2022.

Key Figures

Options exercised: 40,000 shares Exercise price: $14.99 per share Shares sold: 25,809 shares +5 more

8 metrics

Options exercised 40,000 shares Non-Qualified Stock Options exercised on March 30, 2026

Exercise price $14.99 per share Exercise price of Non-Qualified Stock Option

Shares sold 25,809 shares Total Tesla common shares sold on March 30, 2026

Sale price range (low) $352.22 Lower end of reported sale price ranges

Sale price range (high) $367.02 Upper end of reported sale price ranges

Shares after transactions 33,860 shares Direct Tesla common stock holdings after March 30, 2026

Trading plan adoption date November 26, 2025 Date Rule 10b5-1 trading plan was adopted

Option expiration date June 18, 2026 Expiration date of the exercised stock option grant

Key Terms

Non-Qualified Stock Option, Rule 10b5-1 trading plan, weighted average price, open-market sale, +1 more

5 terms

Non-Qualified Stock Option financial

"security_title: "Non-Qualified Stock Option (right to buy)""

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

Rule 10b5-1 trading plan regulatory

"transactions were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

fully vested and exercisable financial

"all shares subject to the option were fully vested and exercisable by June 18, 2022."

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 07:00 PM

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^*

Wilson-Thompson Kathleen

(Last)

(First)

(Middle)

C/O TESLA, INC.

1 TESLA ROAD

(Street)

AUSTIN

TEXAS

78725

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Tesla, Inc. [ TSLA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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)
Common Stock	03/30/2026		M⁽¹⁾		40,000	A	$14.99	59,669	D
Common Stock	03/30/2026		S⁽¹⁾		2,000	D	$352.833⁽²⁾	57,669	D
Common Stock	03/30/2026		S⁽¹⁾		1,640	D	$353.658⁽³⁾	56,029	D
Common Stock	03/30/2026		S⁽¹⁾		1,800	D	$354.802⁽⁴⁾	54,229	D
Common Stock	03/30/2026		S⁽¹⁾		2,481	D	$355.644⁽⁵⁾	51,748	D
Common Stock	03/30/2026		S⁽¹⁾		2,360	D	$356.794⁽⁶⁾	49,388	D
Common Stock	03/30/2026		S⁽¹⁾		1,120	D	$357.839⁽⁷⁾	48,268	D
Common Stock	03/30/2026		S⁽¹⁾		520	D	$358.77⁽⁸⁾	47,748	D
Common Stock	03/30/2026		S⁽¹⁾		1,880	D	$360.181⁽⁹⁾	45,868	D
Common Stock	03/30/2026		S⁽¹⁾		1,000	D	$361.035⁽¹⁰⁾	44,868	D
Common Stock	03/30/2026		S⁽¹⁾		2,320	D	$362.142⁽¹¹⁾	42,548	D
Common Stock	03/30/2026		S⁽¹⁾		4,001	D	$363.083⁽¹²⁾	38,547	D
Common Stock	03/30/2026		S⁽¹⁾		3,927	D	$363.947⁽¹³⁾	34,620	D
Common Stock	03/30/2026		S⁽¹⁾		560	D	$364.888⁽¹⁴⁾	34,060	D
Common Stock	03/30/2026		S⁽¹⁾		120	D	$365.897⁽¹⁵⁾	33,940	D
Common Stock	03/30/2026		S⁽¹⁾		80	D	$366.855⁽¹⁶⁾	33,860	D

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)
Non-Qualified Stock Option (right to buy)	$14.99	03/30/2026		M⁽¹⁾			40,000	⁽¹⁷⁾	06/18/2026	Common Stock	40,000	$0.000	40,948	D

Explanation of Responses:

1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.220 to $353.210, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.250 to $354.230, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.250 to $355.220, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.260 to $356.250, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.300 to $357.290, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.310 to $358.190, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.370 to $359.300, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.550 to $360.470, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.570 to $361.520, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.570 to $362.550, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.580 to $363.570, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.580 to $364.560, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.590 to $365.540, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $365.690 to $366.230, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.690 to $367.020, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

17. 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary from June 18, 2019, such that all shares subject to the option were fully vested and exercisable by June 18, 2022.

	By: Aaron Beckman, Power of Attorney For: Kathleen Wilson-Thompson	04/01/2026
	** 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

FAQ

What did Tesla (TSLA) director Kathleen Wilson-Thompson report in this Form 4?

She reported exercising stock options and selling shares of Tesla common stock. On March 30, 2026, she exercised 40,000 options at $14.99 per share and completed multiple open-market sales tied to that exercise under a pre-arranged Rule 10b5-1 trading plan.

How many Tesla (TSLA) stock options did Kathleen Wilson-Thompson exercise?

She exercised 40,000 Non-Qualified Stock Options for Tesla common stock. These options had an exercise price of $14.99 per share and were fully vested and exercisable by June 18, 2022, based on the vesting schedule described in the filing’s footnotes.

At what prices did Kathleen Wilson-Thompson sell Tesla (TSLA) shares?

She sold Tesla shares in multiple open-market trades at various weighted average prices. Footnotes state price ranges generally from about $352.22 to $367.02 per share, with separate groups of transactions reported across narrow price intervals within that overall range.

How many Tesla (TSLA) shares did Kathleen Wilson-Thompson sell in total?

The summarized data show she sold 25,809 Tesla common shares. These sales were executed in 15 separate transactions on March 30, 2026, all reported as open-market or private sale transactions and conducted under a Rule 10b5-1 trading plan.

How many Tesla (TSLA) shares does Kathleen Wilson-Thompson hold after these transactions?

After completing the option exercise and subsequent sales, she directly owned 33,860 Tesla shares. This post-transaction balance is shown in the Form 4’s transaction lines, reflecting her remaining direct holdings of Tesla common stock on March 30, 2026.

Were Kathleen Wilson-Thompson’s Tesla (TSLA) stock sales pre-planned?

Yes. A footnote explains the transactions were effected under a Rule 10b5-1 trading plan adopted on November 26, 2025. Such plans allow insiders to schedule trades in advance, helping separate trading decisions from day-to-day news or short-term market movements.