REE Automotive Ltd.·4/A

Mar 23, 4:01 PM ET

Miller Tali 4/A

Research Summary

AI-generated summary

Updated

REE Automotive (REE) Chief Business Officer Tali Miller Sells Shares

What Happened

  • Tali Miller, Chief Business Officer of REE Automotive Ltd. (REE), disposed of 6,589 Class A ordinary shares across three open‑market sales on March 18–20, 2026. The reported transactions: 949 shares at a weighted avg $0.58 ($550), 2,924 shares at a weighted avg $0.56 ($1,647), and 2,716 shares at a weighted avg $0.54 (~$1,466), for aggregate proceeds of roughly $3,663. These were outright sales (code “S”), not purchases or option exercises.

Key Details

  • Transaction dates and reported weighted average prices:
    • 2026-03-18: 949 shares @ $0.58 (weighted avg; trades ranged $0.5710–$0.5886) — F1
    • 2026-03-19: 2,924 shares @ $0.56 (weighted avg; trades ranged $0.5515–$0.58) — F2
    • 2026-03-20: 2,716 shares @ $0.54 (weighted avg; trades ranged $0.5225–$0.55) — F3
  • Shares owned after the transactions: not specified in the excerpt provided.
  • Filing status: This is an amended Form 4 (filed 2026-03-23) that restates an earlier Form 4 and adds a disposition from March 20 for which execution details were not available when the original Form 4 was filed.
  • No indication in this filing of a 10b5-1 trading plan, option exercise, gift, or tax withholding related to these transactions.

Context

  • These are small-dollar open‑market sales (total ≈ $3.7k) by a company executive. Sales by insiders are often routine (diversification, liquidity, taxes) and, especially at this modest size, do not by themselves indicate a change in company outlook. This filing simply reports the insider disposals and corrects/updates prior reporting through an amendment.