Aptera (SEV) Interim CFO Thomas DaPolito Receives Stock Option Award

What Happened

Thomas DaPolito, Interim Chief Financial Officer of Aptera Motors Corp (SEV), was granted an option to purchase 50,032 shares of the company's Class B common stock on August 18, 2026. The Form 4 reports the acquisition price as $0.00 and classifies the transaction as an award/grant (derivative). According to the filing footnote, all 50,032 shares vested immediately upon grant.

Key Details

• Transaction date: 2026-08-18 (Grant date per filing footnote F1)
• Transaction type/code: Grant/Award (A) — option to purchase shares (derivative)
• Reported acquisition price: $0.00 (Form 4 shows $0; filing does not provide an exercise price or market value)
• Vesting: All 50,032 shares vested immediately upon grant (per footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Report filed 2026-08-20 for an 08-18 transaction — appears timely (Form 4 is generally due within 2 business days)
• Footnote: F1 confirms option grant under the Issuer’s 2025 Omnibus Equity Incentive Plan and immediate vesting

Context

This filing documents an equity compensation award (an option to purchase shares) rather than an open-market purchase or sale. Because it is a derivative award, the grant gives the insider the right to acquire shares under the plan; it does not necessarily mean shares were exercised or sold. Awards and immediate vesting commonly reflect compensation decisions and are not, by themselves, a clear market sentiment signal.