Wilson-Thompson Kathleen 4

What Happened Kathleen Wilson-Thompson, a Tesla director, exercised options to acquire 40,948 shares at $14.99 per share (total cost $613,811) on April 30, 2026. On the same day she sold multiple blocks totaling about 26,409 shares in open-market transactions for aggregate proceeds of approximately $9.99 million. The transactions were effected pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (timely).
• Option exercise: 40,948 shares acquired at $14.99 each; cash paid ≈ $613,811.
• Open-market sales: ~26,409 shares sold in multiple trades for ≈ $9,985,391 total.
• Sale prices: trades ranged roughly from $368.36 up to $384.66 per share (various weighted-average ranges reported).
• Net change (based on reported transactions): +14,539 shares (40,948 acquired − ~26,409 sold).
• Notable footnotes: trades were executed under a Rule 10b5-1 plan adopted Nov 26, 2025. Footnotes report weighted-average prices and price ranges for multiple-lot sales; another footnote notes the option grant was fully vested by June 18, 2022.

Context

• These filings show an option exercise (derivative conversion) plus sales. Because many sales were done under a pre-established 10b5-1 plan, they are likely routine, pre-planned dispositions rather than ad-hoc trades. The file shows both the exercise (code M) and multiple code S sales; the derivative entry for 40,948 shares reflects the conversion/settlement of the option.
• Purchases (exercises) can increase an insider’s stake; sales reduce it. Here, after these transactions, Wilson-Thompson’s reported holdings increased by the net amount shown above (unless other holdings or prior transactions not in this report change that number).