Johnson Michael Edious 4

What Happened

• Michael Johnson, reported as a 10% owner, sold 48,500 shares of Aptera Motors (SEV) on April 17, 2026. The sale price was $3.09 per share for a total proceeds of $149,957. The transaction is coded as a sale (S) and listed as an open-market or private sale in the filing.

Key Details

• Transaction date and price: 2026-04-17 at $3.09 per share (total $149,957).
• Transaction type: Sale (Form 4 code S) reported as open-market or private sale.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are directly owned by Michael Johnson Properties, Ltd.; Michael Johnson is the sole owner of that entity and may be deemed to have voting and dispositive power over the shares.
• Filing timing: Report filed on 2026-04-21 (four days after the transaction). This appears later than the typical 2-business-day Form 4 reporting window.

Context

• As a sale by a 10% owner (via an entity), this is an ownership disposition by a significant shareholder rather than an executive compensation event. Sales are often routine and do not by themselves indicate company outlook; buyers may weigh this alongside other insider activity and company fundamentals.