Rezk Mina 4
Research Summary
AI-generated summary
Aeva (AEVA) CTO Rezk Mina Sells 350,000 Shares
What Happened
Rezk Mina, Chief Technology Officer and a director of Aeva Technologies (AEVA), sold a total of 350,000 shares in open-market transactions on June 16, 2026. The sales broke down as: 271,496 shares at a weighted average price of $24.37 (proceeds $6,615,570), 77,104 shares at a weighted average price of $25.24 (proceeds $1,945,874), and 1,400 shares at a weighted average price of $26.11 (proceeds $36,548). Total proceeds were approximately $8,597,992. The filing indicates at least some of the sales were effected automatically under a previously adopted Rule 10b5-1 trading plan.
Key Details
- Transaction date: June 16, 2026 (reported on Form 4 filed June 17, 2026). Filing appears timely.
- Aggregate shares sold: 350,000; aggregate proceeds: ~$8.598 million.
- Reported weighted-average prices and reported price ranges:
- 271,496 shares — weighted avg $24.37; transactions ranged $23.86–$24.85 (per filing).
- 77,104 shares — weighted avg $25.24; transactions ranged $24.86–$25.85.
- 1,400 shares — weighted avg $26.11; transactions ranged $26.01–$26.205.
- Footnotes: Filing notes at least some shares were sold pursuant to a Rule 10b5-1 trading plan; the filing also offers to provide per-trade price details on request.
- Shares owned after transaction: Not provided in the supplied excerpt of the filing.
Context
These were sales (transaction code S), which are often routine and can reflect pre-planned dispositions rather than a new view on the company. A Rule 10b5-1 plan generally means the trades were pre-scheduled and executed automatically, reducing the inference that the insider timed the market. For more detail (exact per-trade prices or post-sale ownership), consult the full Form 4 filing (Accession No. 0001193125-26-274631) or the SEC filing.