Steve Fambro, an officer and director of Aptera Motors Corp, filed a Form 144 notice on November 3, 2026, disclosing a proposed sale of 6,146 Class B shares through Fidelity Brokerage Services LLC on NASDAQ.

Key Highlights

  • Proposed sale: 6,146 Class B shares with an aggregate market value of $10,684.82, with an approximate sale date of November 3, 2026.
  • Source of shares: The shares were acquired on November 2, 2026, via restricted stock vesting from the issuer, classified as compensation.
  • Tax-related purpose: According to the filing, the sale includes "an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution."
  • Shares outstanding: The filing reports 28,560,115 Class B shares outstanding at the time of notice.
  • Prior sales aggregated: Sales by Steve Fambro and his spouse Patricia Fambro during the prior three months totaled four transactions covering 19,498 Class B shares.
  • Broker: Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917, is named as the broker for the proposed sale.

Aptera Motors Officer Steve Fambro Proposes Class B Share Sale After November 2026 Vest

Steve Fambro, identified in the filing as both an officer and director of Aptera Motors Corp (NASDAQ:SEV), submitted a Form 144 notice dated November 3, 2026, covering a proposed sale of 6,146 Class B shares. The filing reports an aggregate market value of $10,684.82 for the shares to be sold. The shares were acquired on November 2, 2026, through a restricted stock vesting event from the issuer, with payment characterized as compensation.

The filing states in its remarks section that the "sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution." This characterization is the company's own disclosure language as submitted in the notice. The proposed transaction is to be executed through Fidelity Brokerage Services LLC on NASDAQ, with an approximate sale date of November 3, 2026.

The filing also discloses sales made in the prior three months that are required to be aggregated under Rule 144. Steve Fambro sold 6,517 Class B shares on August 3, 2026, for gross proceeds of $11,524.01, and 5,994 Class B shares on August 4, 2026, for gross proceeds of $11,331.06. Additionally, on November 2, 2026, Steve Fambro sold 6,245 Class B shares for gross proceeds of $10,811.97. The filing further notes that Patricia Fambro, identified as Steve Fambro's spouse, sold 742 Class B shares on November 2, 2026, for gross proceeds of $1,284.62. The filing states these spouse sales are included because they are required to be aggregated with the officer's sales under Rule 144. The notice was signed by Joshua Schmitt as an authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Steven Fambro.

What Was Disclosed

Aptera Motors Corp officer and director Steve Fambro filed a Form 144 on November 3, 2026, to propose selling 6,146 Class B shares valued at $10,684.82, acquired via restricted stock vesting, with the stated purpose of covering a tax obligation.