Aptera Co-CEO Anthony Lee sells $60,182 in stock for tax obligations

Anthony Christopher Lee, Co-CEO of Aptera Motors Corp, sold $60,182 worth of the company's Class B Common Stock in May and August 2026 to fulfill tax obligations stemming from vested restricted stock awards. These transactions took place across multiple dates in the specified months, with share prices fluctuating between $1.77 and $2.45. Lee's sales were documented in filings with the Securities and Exchange Commission.

On May 28, 2026, he sold 7,647 shares at $2.45 each, and on May 29, he sold an additional 7,976 shares at $2.33 per share. Since then, the stock has seen a significant decline, currently trading at $1.45, marking a 75% drop over the past year. An InvestingPro tip suggests the stock has shown oversold conditions over the past week, contributing to Lee's sales.

In August 2026, Lee continued with further sales. On August 3, he sold 6,517 shares at $1.77 per share, and on August 4, he sold another 5,994 shares at $1.89 per share. Post these transactions, he directly owned 117,763 shares of Class B Common Stock, which includes 72,173 unvested restricted stock units tied to a previously reported vesting schedule.

Lee now holds a total of 117,763 shares of Class B Common Stock, after these sales. Additionally, he is set to receive more stock through ongoing vesting of unvested restricted stock units. In related news, Aptera Motors Corp. recently expanded its board of directors to five members, appointing Wellington J. Reiter as an independent director, including his role on the audit committee.

Reiter was granted 210,045 RSUs under the company’s 2025 Omnibus Equity Incentive Plan, comprising 22,831 RSUs as a board service retainer and 4,566 RSUs for his audit committee membership, both of which were fully vested upon issuance. Furthermore, Reiter received a long-term incentive grant of 182,648 RSUs, vesting over four years, with 25% vesting each year. These moves highlight ongoing changes in the company's governance structure.