Aeva’s CFO reported an automatic sale of shares to cover RSU tax withholding, retaining over half a million shares afterward.
Rhea-AI Filing Summary
Aeva Technologies, Inc. (AEVA) reported that Chief Financial Officer Saurabh Sinha sold 34,146 shares of common stock on September 2, 2026 at an average price of $14.8307 per share. According to the footnote, these shares were automatically sold in a non-discretionary transaction to cover tax withholding obligations upon vesting of time-based restricted stock units. After this transaction, Sinha directly holds 547,226 shares of Aeva common stock.
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Insights
Insider Trade Summary
Holdings After Transaction: Common Stock — 547,226 shares (Direct)
Footnotes (1)
- F1. This transaction is upon vesting of certain time-based restricted stock unit awards to cover tax withholding obligations. These shares of common stock were automatically sold in a non-discretionary transaction to cover tax withholding obligations upon the settlement of certain time-based restricted stock unit awards.
Key Figures
Shares sold: 34,146 shares Sale price per share: $14.8307 per share Shares held after transaction: 547,226 shares
Shares sold 34,146 shares Common stock sold by CFO on September 2, 2026
Sale price per share $14.8307 per share Average price for 34,146 shares sold on September 2, 2026
Shares held after transaction 547,226 shares Direct holdings of CFO Saurabh Sinha following the sale
Key Terms
restricted stock unit, tax withholding obligations, non-discretionary transaction
restricted stock unit financial
"upon the settlement of certain time-based restricted stock unit awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"sold in a non-discretionary transaction to cover tax withholding obligations"
non-discretionary transaction financial
"were automatically sold in a non-discretionary transaction to cover tax"
FAQ
What insider transaction did AEVA’s CFO report on this Form 4?
Aeva Technologies’ CFO, Saurabh Sinha, reported the sale of 34,146 shares of common stock on September 2, 2026 at an average price of $14.8307 per share, as disclosed in the Form 4.
What type of equity award triggered the AEVA CFO’s tax withholding sale?
The filing states the sale was related to the vesting and settlement of time-based restricted stock unit awards, with shares automatically sold to satisfy tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.