Form 4: Evolv Director Ellenbogen Receives RSU Grant

Evolv Technologies Director Michael Ellenbogen was granted 3,731 Restricted Stock Units, vesting fully by December 31, 2026, under a Rule 10b5-1 plan.

Summary

• Michael Ellenbogen, a Director of Evolv Technologies Holdings, Inc. (EVLV), acquired 3,731 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
• The transaction occurred on January 2, 2026, and the Form 4 was filed on January 6, 2026.
• The RSUs were acquired at a price of $0, which is typical for an equity grant.
• The RSUs will vest in full on December 31, 2026.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
• Following this transaction, Michael Ellenbogen beneficially owns 3,731 derivative securities (RSUs) directly.

Sentiment

Score: 5

Explanation: This is a neutral, routine insider transaction report for equity compensation, reflecting standard corporate governance practices without indicating significant positive or negative company performance.

Positives

• Increased alignment of a director's interests with shareholders through equity compensation.
• The grant was made under a Rule 10b5-1 plan, indicating a pre-arranged, compliant transaction.

Future Outlook

The filing does not provide specific forward-looking statements or guidance beyond the vesting schedule of the granted RSUs.

Industry Context

This is a routine insider transaction report for equity compensation, common across all industries for directors and executives, and does not provide specific industry-related insights.

Corporate Governance

Related Party Transactions

• Grant of 3,731 Restricted Stock Units to Michael Ellenbogen, a Director of Evolv Technologies Holdings, Inc., as part of his compensation.

Stakeholder Impact

• Shareholders: Minor positive impact due to increased alignment of director's interests with shareholder value.

Next Steps

• The 3,731 Restricted Stock Units will vest in full on December 31, 2026.

Key Dates

Keywords

Evolv Technologies, EVLV, Michael Ellenbogen, Restricted Stock Units, RSU, Insider Transaction, Form 4, Equity Compensation, Director Compensation