Johnson Michael Edious 4

What Happened
Michael Johnson, reported as a 10% owner of Aptera Motors Corp. (SEV), sold 38,000 shares on January 28, 2026. The shares were disposed at $1.41 per share for total proceeds of $53,519. This was a sale (transaction code S), not a purchase or award.

Key Details

• Transaction date: 2026-01-28 (reported on Form 4 filed 2026-01-29).
• Price: $1.41 per share; Total proceeds: $53,519.
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnote: The shares are directly owned by Michael Johnson Properties, Ltd.; Michael Johnson is the sole owner of that entity and may be deemed to have voting and dispositive power over those shares (Footnote F1).
• Timeliness: Filing appears timely (transaction on 1/28, Form 4 filed 1/29); no late-filing indication in the summary.
• No 10b5-1 plan, tax withholding, or option exercise noted in the provided transaction details.

Context
As a reported 10% owner, this sale reflects activity by a large stakeholder (through an entity) rather than necessarily an executive compensation event. Small-dollar sales like this ($~53.5K) are common and do not by themselves indicate management’s view of the company’s prospects. Retail investors typically weigh insider purchases more heavily than routine sales when assessing insider sentiment.