Fambro Steve 4/A

What Happened

• Steve Fambro, a reported 10% owner of Aptera Motors Corp (SEV), received a grant of 144,343 restricted stock units (RSUs) on April 15, 2026. The award was reported on an amended Form 4 filed May 21, 2026 to correct the originally reported number. The Form 4 shows an acquisition price of $0.00 for the RSUs (typical for equity awards); the RSUs are unvested and convert to one share of Class B common stock per RSU upon vesting.

Key Details

• Transaction date: April 15, 2026; Filing (amendment) date: May 21, 2026. Original Form 4 was filed Apr 17, 2026 and corrected by this amendment.
• Transaction type/code: A (Award/Grant) — 144,343 RSUs granted; reported acquisition price $0.00.
• Vesting schedule: 25% vesting on each of Apr 30, 2026; Jul 31, 2026; Oct 31, 2026; and Dec 31, 2026, contingent on continuous service.
• Shares owned after transaction: the filing reports 144,343 unvested RSUs granted; total beneficial ownership after the grant is not specified in the provided summary.
• Footnotes: (1) This Form 4/A corrects an inadvertent error in the number of securities reported in the original filing. (2) Each RSU equals one share of Class B common stock upon vesting.
• Timeliness: The original Form 4 was filed within the usual two-business-day window (Apr 17) for a transaction on Apr 15; this filing is an amendment to correct the reported amount.

Context

• These RSUs are a forward-looking equity award (not an open-market purchase or sale). As unvested RSUs, they do not represent immediately tradable shares; vesting is service-based. Because Fambro is a 10% owner, this is insider/ownership reporting rather than a routine executive open-market trade; it documents equity compensation rather than an express market sentiment signal.