SEV · Aptera Motors Corp
Substantial doubt about the company's ability to continue as a going concern.
“As of March 31, 2026, our existing cash and cash equivalents were not sufficient to fund our current operations for the next twelve months. These factors, among others, raise substantial doubt about our ability to continue as a going concern.”View the 10-Q filed May 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-04-17 | Johnson Michael Edious |
10% Owner |
Sell↓
Filing footnotes — Class B Common Stock (Indirect)
These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class B Common Stock
(I)
|
48,500 |
| 2026-04-15 | Anthony Christopher Lee |
Director, Co-CEO, 10% Owner |
Award↑
Filing footnotes — Class B Common Stock (Direct)
This Form 4/A amends the original Form 4, filed on April 17, 2026, to correct an inadvertent error in the number of securities reported as granted. On April 15, 2026, the Reporting Person was granted 144,343 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such RSUs vesting on each of April 30, 2026, July 31, 2026, October 31, 2026 and December 31, 2026. Each RSU represents a right to receive one share of the Issuer's Class B common stock, contingent on the Reporting Person's continuous service through each applicable vesting date. This amount includes 144,343 unvested RSUs subject to the vesting schedule as reported herein. |
Class B Common Stock
|
144,343 |
| 2026-04-15 | DaPolito Thomas James |
Interim CFO |
Award↑
Filing footnotes — Employee Stock Option (Direct)
On April 15, 2026 (the "Grant Date"), the Reporting Person was granted an option to purchase 82,663 shares of the Issuer's Class B Common Stock (the "Shares") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with all Shares vesting immediately upon grant. |
Employee Stock Option
|
82,663 |
| 2026-04-15 | Fambro Steve |
Director, Co-CEO, 10% Owner |
Award↑
Filing footnotes — Class B Common Stock (Direct)
This Form 4/A amends the original Form 4, filed on April 17, 2026, to correct an inadvertent error in the number of securities reported as granted. On April 15, 2026, the Reporting Person was granted 144,343 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such RSUs vesting on each of April 30, 2026, July 31, 2026, October 31, 2026 and December 31, 2026. Each RSU represents a right to receive one share of the Issuer's Class B common stock, contingent on the Reporting Person's continuous service through each applicable vesting date. This amount includes 144,343 unvested RSUs subject to the vesting schedule as reported herein. |
Class B Common Stock
|
144,343 |
| 2026-01-28 | Johnson Michael Edious |
10% Owner |
Sell↓
Filing footnotes — Class B Common Stock (Indirect)
These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class B Common Stock
(I)
|
38,000 |
| 2026-01-08 | Kirton Anthony Campbell |
Director |
Award↑
Filing footnotes — Class B Common Stock (Direct)
The reported transaction involved the reporting person's receipt of a grant of 43,196 restricted stock units under Aptera Motors Corp.'s 2021 Equity Incentive Plan. The reporting person has reported prior awards of restricted stock units in Table II of Form 4. The total reported in Column 5 includes the 43,196 newly awarded restricted stock units and the 70,919 restricted stock units previously reported in Table II. |
Class B Common Stock
|
43,196 |
| 2026-01-06 | Johnson Michael Edious |
10% Owner |
Sell↓
Filing footnotes — Class B Common Stock (Indirect)
These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class B Common Stock
(I)
|
11,500 |
| 2026-01-05 | Johnson Michael Edious |
10% Owner |
Sell↓
Filing footnotes — Class B Common Stock (Indirect)
These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class B Common Stock
(I)
|
10,500 |
| 2025-12-30 | Fambro Steve |
Director, Co-CEO, 10% Owner |
Award↑
Filing footnotes — Employee Stock Option (Direct)
On December 30, 2025 (the "Grant Date"), the Reporting Person was granted an option to purchase 433,813 shares of the Issuer's Class B Common Stock (the "Shares") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such Shares vesting on the first anniversary of the Grant Date, and the remaining 75% of such Shares vesting in equal quarterly installments over the subsequent 36 months, in each case subject to the Reporting Person's continued service through the applicable vesting date. |
Employee Stock Option
|
433,813 |
| 2025-12-30 | Anthony Christopher Lee |
Director, Co-CEO, 10% Owner |
Award↑
Filing footnotes — Employee Stock Option (Direct)
On December 30, 2025 (the "Grant Date"), the Reporting Person was granted an option to purchase 433,813 shares of the Issuer's Class B Common Stock (the "Shares") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such Shares vesting on the first anniversary of the Grant Date, and the remaining 75% of such Shares vesting in equal quarterly installments over the subsequent 36 months, in each case subject to the Reporting Person's continued service through the applicable vesting date. |
Employee Stock Option
|
433,813 |
| 2025-12-30 | DaPolito Thomas James |
Interim CFO |
Award↑
Filing footnotes — Employee Stock Option (Direct)
On December 30, 2025 (the "Grant Date"), the Reporting Person was granted an option to purchase 285,077 shares of the Issuer's Class B Common Stock (the "Shares") pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan, with 25% of such Shares vesting on the first anniversary of the Grant Date, and the remaining 75% of such Shares vesting in equal quarterly installments over the subsequent 36 months, in each case subject to the Reporting Person's continued service through the applicable vesting date. |
Employee Stock Option
|
285,077 |
| 2025-12-26 | Johnson Michael Edious |
10% Owner |
Other↓
Filing footnotes — Class A Common Stock (Indirect)
The Class A Common Stock is convertible into an equal number of shares of Class B Common Stock at any time, at the holder's election, and has no expiration date. On December 26, 2025, the reporting person converted his Class A Common Stock to Class B Common Stock. These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class A Common Stock
(I)
|
5,083,250 |
| 2025-12-26 | Johnson Michael Edious |
10% Owner |
Other↑
Filing footnotes — Class B Common Stock (Indirect)
The Class A Common Stock is convertible into an equal number of shares of Class B Common Stock at any time, at the holder's election, and has no expiration date. On December 26, 2025, the reporting person converted his Class A Common Stock to Class B Common Stock. These shares are directly owned by Michael Johnson Properties, Ltd. Michael Johnson is the sole owner of Michael Johnson Properties, Ltd., and may be deemed have voting and dispositive power over the shares held by this entity. |
Class B Common Stock
(I)
|
5,083,250 |
| 2025-10-28 | Kirton Anthony Campbell |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock. On October 28, 2025, the reporting person was granted 70,919 RSUs that vest as follows: 13,612 RSUs vested on October 28, 2025, 14,327 RSUs vest on October 28, 2026, 14,327 RSUs vest on October 28, 2027, 14,327 RSUs vest on October 28, 2028 and the remaining 14,326 RSUs vest on October 28, 2029. Vesting is contingent on the reporting person's continuous service through each applicable vesting date. The RSUs do not have an expiration date. |
Restricted Stock Units
|
70,919 |
| 2025-10-28 | Butz Todd M |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock. On October 28, 2025, the reporting person was granted 73,068 RSUs that vest as follows: 15,761 RSUs vested on October 28, 2025; 14,327 RSUs vest on October 28, 2026, 14,327 RSUs vest on October 28, 2027, 14,327 RSUs vest on October 28, 2028 and the remaining 14,326 RSUs vest on October 28, 2029. Vesting is contingent on the reporting person's continuous service through each applicable vesting date. The RSUs do not have an expiration date. |
Restricted Stock Units
|
73,068 |
| 2025-09-30 | Kirton Anthony Campbell |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-09-30 | Kirton Anthony Campbell |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-09-30 | Butz Todd M |
Director |
Other↑
|
No Securities Owned
|
0 |