SCHEDULE: Aeva CTO Mina Rezk Updates Stake After Gift Transfer

Aeva Technologies' CTO, Mina Rezk, reported a change in beneficial ownership, now holding 6.5% of common stock, following a gift transfer of 900,000 shares.

Summary

• Mina Rezk, Chief Technology Officer of Aeva Technologies, Inc., filed an Amendment No. 3 to Schedule 13D.
• Rezk beneficially owns 4,098,511 shares of Aeva Technologies, Inc. Common Stock, representing 6.5% of the class.
• This ownership includes 616,820 shares held directly, 2,056,669 shares held by a trust, 1,373,552 shares underlying stock options exercisable within 60 days, and 51,470 shares underlying restricted stock units vesting within 60 days.
• On March 17, 2026, Rezk transferred 900,000 shares of Common Stock as a bona fide gift, receiving no payment.
• The ownership percentage is calculated based on 63,005,173 shares outstanding, which includes 61,580,151 shares as of December 31, 2025, plus exercisable options and vesting RSUs.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive update. While a reduction in holdings occurred via gift, the CTO retains a significant stake, indicating continued commitment, and the transaction is not a sale for consideration.

Positives

• The CTO, Mina Rezk, maintains a significant beneficial ownership of 6.5% in Aeva Technologies, Inc., indicating continued alignment with shareholder interests.

Negatives

• Mina Rezk transferred 900,000 shares of Common Stock as a gift, which reduces her direct and indirect holdings in the company.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's future performance or strategic direction; it primarily reports a change in beneficial ownership.

Management Comments

• Mina Rezk's present principal occupation is Chief Technology Officer of the Issuer.

Industry Context

StockSavvy.ai notes that insider ownership changes, even through gifts, are routinely monitored by investors for insights into management's long-term commitment and potential liquidity needs. While a gift transfer reduces direct holdings, the CTO still retains a substantial stake, which is generally viewed positively for alignment with shareholder interests.

Comparison to Industry Standards

• This filing is a standard beneficial ownership update for an executive. There are no specific financial results or operational metrics to compare against industry benchmarks or competitors like Luminar Technologies or Innoviz Technologies. The focus is solely on an individual's stock holdings.

Stakeholder Impact

• Shareholders: The reduction in the CTO's beneficial ownership due to a gift transfer might be viewed with slight caution, but the remaining significant stake (6.5%) still aligns the CTO's interests with shareholders.

Key Dates

Recommendation

The filing is a routine update on an insider's beneficial ownership, specifically detailing a gift transfer of shares. It does not contain information that would fundamentally alter the investment thesis for Aeva Technologies, Inc. The CTO retains a substantial stake, which is a positive, but the reduction in shares through a gift does not warrant a 'buy' or 'sell' recommendation based solely on this filing. Investors should continue to 'hold' and monitor broader company performance and market conditions.

Keywords

Aeva Technologies, Mina Rezk, Schedule 13D, Beneficial Ownership, Common Stock, CTO, Stock Options, Restricted Stock Units, Gift Transfer