Mina Rezk, Chief Technology Officer at Aeva Technologies, Inc. (NASDAQ:AEVA), sold 64,821 shares of the company’s common stock on July 8, 2026. The transaction amounted to $1,371,897.
The shares were sold at a price of $21.1644 per share. This sale was executed upon the vesting of certain time-based restricted stock unit awards and was an automatic, non-discretionary transaction to cover tax withholding obligations. The stock currently trades at $20.99, down 12% over the past week, though it has delivered a strong 58% return year-to-date. According to InvestingPro analysis, AEVA appears fairly valued at current levels. The company, valued at $1.42 billion, posted 103% revenue growth over the last twelve months despite maintaining a WEAK financial health score. InvestingPro offers 11 additional exclusive tips for AEVA, plus comprehensive Pro Research Reports available for this and 1,400+ other US equities.
Following this transaction, Mr. Rezk directly holds 1,537,527 shares of Aeva Technologies common stock. Additionally, he indirectly holds 1,706,669 shares through a trust.
Mr. Rezk serves as both a director and officer (Chief Technology Officer) for the Mountain View, CA-based company.
In other recent news, Aeva Technologies Inc. announced a collaboration with Bendix Commercial Vehicle Systems to develop a LiDAR-based safety system for Class 8 commercial trucks. This initiative will integrate Aeva’s 4D LiDAR sensors with Bendix’s collision mitigation systems for mass-production vehicles. Additionally, Aeva completed a follow-on public offering, raising $115 million by selling over 5 million shares at $22.25 per share. This offering included shares issued after underwriters exercised their option to purchase additional shares.
Furthermore, Aeva proposed another public offering of $100 million in common stock, with plans to grant underwriters a 30-day option to purchase up to an additional $15 million of shares. The company also announced its participation in the ITS America Conference & Expo, where it will showcase its CityOS platform, featuring 4D LiDAR sensors and analytics software for traffic monitoring. These developments highlight Aeva’s ongoing efforts in expanding its technology and market presence.
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