Miller Tali 4

What Happened Tali Miller, Chief Business Officer of REE Automotive Ltd., had 556 Restricted Stock Units (RSUs) vest on May 22, 2026; the underlying 556 Class A shares were received and then sold in an open-market transaction at $0.34 per share, generating proceeds of approximately $189. This was a sale following RSU settlement (not a cash purchase).

Key Details

• Transaction date: May 22, 2026
• Sale: 556 shares sold at $0.34/share — proceeds ≈ $189
• Derivative/settlement: 556 RSUs vested and converted to shares (exercise/conversion code M), then sold (sale code S)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing: Form 4 filed May 26, 2026 (appears timely for a May 22 transaction)
• Footnotes: The 556 RSUs were fully vested as of May 22, 2026 and originated from a grant on May 22, 2023; the underlying shares received upon vesting were immediately sold.

Context The M-code reflects conversion/settlement of RSUs into shares; the subsequent open-market sale shows the vested shares were not retained. The transaction value is small (~$189), indicating this was a routine RSU settlement and sale rather than a material insider trade.