CEO Soroush Salehian Dardashti sold 275,349 shares for $6,764,660.15 via 10b5-1 plan on 2026-06-16
Soroush Salehian Dardashti, Chief Executive Officer of AEVA, executed 8 separate sales totaling 275,349 shares (275.3K shares) for $6,764,660.15 ($6.8M) at prices ranging from $24.34 to $27.09, reducing his holdings from 1,746,157 shares (1.75M shares) to 1,470,808 shares (1.47M shares), a net reduction of 15.8%. The transaction is part of a pre-arranged 10b5-1 trading plan, indicating these sales were scheduled rather than discretionary decisions made in response to current conditions. The company is unprofitable with net income of $-34,979,000.00 ($-35.0M) over its most recent full fiscal year, though revenue has grown 99.4% year-over-year. At the transaction prices, the stock was near its 52-week midpoint; current price of $23.49 now reflects a -39.5% decline from the 52-week high of $38.80. His cross-ticker track record shows an average 90-day return of +20.8% following prior sales, though at AEVA specifically, post-sale outcomes have been mixed—the May 2026 sale showed 30-day gains of +62.2%, while the January 2026 sale resulted in 90-day losses of -30.8%.