Di Pietro Michael A 4
4 · Envirotech Vehicles, Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Envirotech Vehicles (EVTV) Director Di Pietro Receives 50,000-Share Award
What Happened
Michael A. Di Pietro, a director of Envirotech Vehicles, Inc. (EVTV), was granted a derivative award for 50,000 shares on 2026-05-22. The Form 4 reports the acquisition price as $0.00 (total recorded value $0). Per the filing footnote, the option vested and became exercisable immediately upon grant. This was an acquisition/award (not a sale).
Key Details
- Transaction date: 2026-05-22; filing date (Accession): 2026-05-27. The filing appears to be late (filed more than the typical 2 business days after the transaction).
- Transaction type: Grant / award of derivative securities (code A). Price reported: $0.00; total reported value: $0.
- Footnote: The option vested and became exercisable upon grant (F1).
- Shares owned after transaction: Not disclosed in this Form 4.
- No indication in the filing that any shares were sold immediately (no cashless sale reported).
Context
This was an award/acquisition of derivative securities (the filing refers to an option that vested on grant). For retail investors, awards and option grants are disclosures of compensation or board incentives and do not by themselves signal a director buying shares on the open market. The late filing delays public transparency; timely Form 4s are required so investors can quickly see insider activity.
Insider Transaction Report
- Award
Stock Option
[F1]2026-05-22+50,000→ 50,000 totalExercise: $2.19From: 2026-05-22Exp: 2036-05-21→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option vested and became exercisable upon grant.