STOCK TITAN

Aeva CFO Automatic RSU Withholding Sale Leaves 774K Shares Held

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Saurabh Sinha, Chief Financial Officer of Aeva Technologies, Inc., reported a non-discretionary sale of common stock tied to equity award withholding. The report shows 36,658 shares were sold on 09/03/2025 at an average price of $13.8022 to satisfy tax withholding obligations when time-based restricted stock units vested and settled. After the automatic sale, the reporting person beneficially owned 774,052 shares. The transaction is described as automatic and non-discretionary, indicating it was executed solely to cover withholding rather than as an open-market decision.

Positive

  • Clear disclosure of the reason for the sale: shares were sold automatically to satisfy tax withholding upon RSU vesting
  • Substantial remaining stake: the reporting person still beneficially owns 774,052 shares after the transaction

Negative

  • Reduction in holdings by 36,658 shares due to the sale (automatic withholding)
  • Transaction priced at $13.8022, which may reflect realized proceeds below other reference prices (no comparative price provided)

Insights

Routine tax-withholding sale by the CFO; limited market signal.

The disposition of 36,658 shares appears to be an automatic sale to cover withholding on vested RSUs, not an opportunistic cashing out. The amount sold represents a small percentage of the post-transaction beneficial holding of 774,052 shares, suggesting no immediate change to insider conviction. Market impact is likely negligible, but investors may note periodic such transactions when assessing insider activity.

Disclosure aligns with standard Section 16 reporting; transaction is non-discretionary.

The Form 4 discloses the mandatory sale code and an explanation that shares were sold to cover withholding on vested awards. This matches best practice for transparency under Section 16. There is no indication of a Rule 10b5-1 plan or discretionary sale, and the filing provides clear linkage between RSU settlement and withholding-related disposition.

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*
Sinha Saurabh

(Last) (First) (Middle)
C/O AEVA TECHNOLOGIES, INC.
555 ELLIS STREET

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Aeva Technologies, Inc. [ AEVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
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
Common Stock 09/03/2025 S 36,658 D $13.8022(1) 774,052 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person to cover withholding obligation upon the vesting and settlement of certain time-based restricted stock unit awards.
/s/ Saurabh Sinha 09/05/2025
** 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 did AEVAW insider Saurabh Sinha report on this Form 4?

He reported an automatic sale of 36,658 shares of Aeva Technologies common stock to cover tax withholding following RSU vesting.

At what price were the AEVAW shares sold?

The shares were sold at an average price of $13.8022 per share.

How many AEVAW shares does the reporting person own after the transaction?

The reporting person beneficially owns 774,052 shares following the reported disposition.

Was the sale discretionary or automatic?

The filing states the sale was automatic/non-discretionary, executed solely to cover withholding obligations upon RSU settlement.

Does the Form 4 indicate a 10b5-1 trading plan?

No. The Form 4 does not indicate the transaction was made pursuant to a Rule 10b5-1(c) plan; it describes an automatic withholding sale.
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