Form 4: Aeva Technologies CFO Sells Shares to Cover Tax Obligations

Aeva Technologies' Chief Financial Officer, Saurabh Sinha, sold 10,123 shares of common stock on July 1, 2025, at $31.0879 per share to cover tax withholding obligations related to restricted stock unit awards.

Summary

• Saurabh Sinha, Chief Financial Officer of Aeva Technologies, Inc. (AEVA), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 10,123 shares of Aeva Technologies common stock.
• The shares were sold at a price of $31.0879 per share.
• This sale was a non-discretionary transaction automatically executed to cover tax withholding obligations arising from the settlement of time-based restricted stock unit awards.
• Following this transaction, Saurabh Sinha beneficially owns 992,949 shares of Aeva Technologies common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations upon RSU vesting, which is a common occurrence and generally does not indicate a change in management's outlook or company fundamentals.

Negatives

• The transaction resulted in a reduction of 10,123 shares from the Chief Financial Officer's direct beneficial ownership.

Future Outlook

NA

Industry Context

This transaction is a routine insider filing common across publicly traded companies, particularly when executives' restricted stock units vest, requiring sales to cover tax liabilities.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but it is a common and expected event for tax purposes related to equity compensation.

Key Dates

Keywords

Aeva Technologies, AEVA, Saurabh Sinha, Chief Financial Officer, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, RSU, Tax Withholding