Form 4: Evolv Technologies Holdings Director Sells Shares
Insider Transaction (Form 4)
Michael Ellenbogen, a Director of Evolv Technologies Holdings, Inc., sold 80,745 shares of common stock on July 15, 2026 for $5.94 per share.
Summary
- Option exercise/conversion: acquired 80,745 Class A Common Stock at $0.24 ($19,379) on July 15, 2026; holds 2,164,706 after (Direct).
- Open-market sale: disposed of 80,745 Class A Common Stock at $5.94 ($479,625) on July 15, 2026; holds 2,083,961 after (Direct).
- Option exercise/conversion: disposed of 80,745 Stock Option (Right to Buy) on July 15, 2026; holds 897,014 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $479,625 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Michael Ellenbogen — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Option exercise/conversion | Class A Common Stock | 80,745 | $0 | $19.4K | 2,164,706 |
| 2026-07-15 | Open-market sale | Class A Common Stock | 80,745 | $6 | $479.6K | 2,083,961 |
| 2026-07-15 | Option exercise/conversion | Stock Option (Right to Buy) | 80,745 | — | — | 897,014 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Option exercise/conversion (80,745 shares) |
| 2026-07-15 | Open-market sale (80,745 shares) |
| 2026-07-15 | Option exercise/conversion (80,745 shares) |
Keywords
insider transaction, Form 4, EVLV, Evolv Technologies Holdings, Inc., bearish, Michael Ellenbogen
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