Form 4: Aeva Technologies CFO Saurabh Sinha Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Saurabh Sinha of Aeva Technologies reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Saurabh Sinha, CFO of Aeva Technologies, reported transactions involving the company's common stock on March 12, 2025.
- These transactions included the vesting of 4,320 restricted stock units and the withholding of 2,327 shares to cover income tax obligations.
- Following these transactions, Sinha directly owns 708,457 shares of Aeva Technologies common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and does not inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on the total number of outstanding shares.
- The tax withholding ensures compliance with tax regulations.
Key Dates
| Date | Description |
|---|---|
| November 2, 2020 | Date of the Business Combination Agreement among InterPrivate Acquisition Corp., WLLY Merger Sub Corp., and Aeva, Inc. |
| March 12, 2022 | Initial vesting date for 25% of the restricted stock units. |
| March 12, 2025 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| March 14, 2025 | Date of signature for the Form 4 filing. |
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