Aptera Motors Corp
For the period ended Mar 31, 2026. Filed May 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 13, 2026
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Item 5. Other Information
As previously disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “2025 Form 10-K”), certain equity awards were granted to our named executive officers during fiscal year 2025 and were discussed in the narrative disclosure and summary compensation table accompanying the “Executive Compensation” section of the 2025 Form 10-K. However, certain awards were inadvertently omitted from the “Outstanding Equity Awards at 2025 Fiscal Year-End” table included therein.
The Company is providing the corrected “Outstanding Equity Awards at 2025 Fiscal Year-End” table below to reflect the complete outstanding equity award holdings of each named executive officer as of December 31, 2025. Other than the inclusion of the previously omitted awards, no changes have been made to the table or to any other disclosures in the 2025 Form 10-K. All other information previously reported in the 2025 Form 10-K, including the summary compensation table and narrative discussion of these awards, remains accurate and unchanged.
| Name | Grant Date | Number of securities underlying unexercised options - (#) exercisable | Equity incentive plan awards: number of securities underlying unexercised unearned options (#) | Option exercise price ($) | Option expiration date | Number of shares or units of stock that have not vested (#) | Market value of shares or units of stock that have not vested ($) | Equity incentive plan awards: number of unearned shares, units or other rights that have not vested (#) | Equity incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested ($) |
|---|---|---|---|---|---|---|---|---|---|
| Chris Anthony, Co- Chief Executive Officer and Interim Chief Financial Officer | 7/28/21 | 180,000 | — | $11.40 | 7/28/31 | — | — | — | — |
| 12/30/25 | 433,813 | $4.85 | 12/30/35 | — | — | — | — | ||
| Steve Fambro, Co- Chief Executive Officer and Secretary | 7/28/21 | 180,000 | — | $11.40 | 7/28/31 | — | — | — | — |
| 12/30/25 | 433,813 | $4.85 | 12/30/35 | — | — | — | — | ||
| Tom DaPolito, Interim Chief Financial Officer | 11/4/23 | 1,469 | — | $31.50 | 11/1/33 | — | — | — | — |
| 12/31/23 | 298 | — | $31.50 | 12/28/33 | — | — | — | — | |
| 9/6/24 | 502 | — | $31.50 | 9/4/34 | — | — | — | — | |
| 9/6/24 | 3,008 | — | $31.50 | 9/4/34 | — | — | — | — | |
| 4/15/25 | 3,447 | — | $31.50 | 4/13/35 | — | — | — | — | |
| 4/15/25 | 30,000 | — | $31.50 | 4/13/35 | — | — | — | — | |
| 12/30/25 | 285,077 | $4.85 | 12/30/35 | — | — | — | — |
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