Miller Tali 4
Research Summary
AI-generated summary
REE Automotive CBO Tali Miller Sells 9,837 Shares
What Happened
Tali Miller, Chief Business Officer of REE Automotive Ltd. (REE), disposed of 9,837 shares on June 15, 2026. Those shares were the result of vested Restricted Stock Units (RSUs) that converted to Class A ordinary shares and were then sold. The weighted average sale price reported was $0.42 per share, for proceeds of roughly $4,132, with individual trades executed in a price range of $0.3627 to $0.4601.
Key Details
- Transaction dates: June 15, 2026 (filed with the SEC on June 17, 2026).
- Actions reported: M (conversion/exercise of derivative — RSUs) and S (sale of underlying shares).
- Shares sold/converted: 9,837 RSUs converted to 9,837 shares and sold.
- Price: weighted average sale price $0.42; trades ranged $0.3627–$0.4601 (report notes multiple trades; full breakdown available on request).
- Reported proceeds: approximately $4,132.
- RSU grant info: the 9,837 RSUs were granted on Sept 15, 2024 and were fully vested as of June 15, 2026 (per filing footnotes).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 filed on June 17, 2026 for a June 15 transaction (filed two days after the transaction date).
Context
- These were vested RSUs that converted into shares and were immediately sold — functionally a cashless disposition following vesting (common for RSU settlements).
- Sales following RSU vesting are typically routine and reflect compensation settlement rather than a deliberate directional trade by the insider.
- For more granular trade-level details (exact number of shares at each price), the filing notes the reporting person will provide that information upon request.