Form 4: Evolv Technologies Holdings Director Sells Shares
Insider Transaction (Form 4)
Michael Ellenbogen, a Director of Evolv Technologies Holdings, Inc., sold 80,752 shares of common stock on August 17, 2026 for $5.59 per share.
Summary
- Option exercise/conversion: acquired 80,752 Class A Common Stock at $0.24 ($19,380) on August 17, 2026; holds 2,164,713 after (Direct).
- Open-market sale: disposed of 80,752 Class A Common Stock at $5.59 ($451,404) on August 17, 2026; holds 2,083,961 after (Direct).
- Option exercise/conversion: disposed of 80,752 Stock Option (Right to Buy) on August 17, 2026; holds 816,262 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $451,404 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 |
|---|---|---|---|---|---|---|
| 2026-08-17 | Option exercise/conversion | Class A Common Stock | 80,752 | $0 | $19.4K | 2,164,713 |
| 2026-08-17 | Open-market sale | Class A Common Stock | 80,752 | $6 | $451.4K | 2,083,961 |
| 2026-08-17 | Option exercise/conversion | Stock Option (Right to Buy) | 80,752 | — | — | 816,262 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Option exercise/conversion (80,752 shares) |
| 2026-08-17 | Open-market sale (80,752 shares) |
| 2026-08-17 | Option exercise/conversion (80,752 shares) |
Keywords
insider transaction, Form 4, EVLV, Evolv Technologies Holdings, Inc., bearish, Michael Ellenbogen
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