Aptera Motors Corp (SEV) Form 8-K — Oct 21, 2026
Aptera Motors Corp (SEV) amended its engagement letter with Interim CFO Tom DaPolito, extending his term through October 16, 2027. The amendment adds single-trigger change-of-control acceleration on all his unvested stock options and full acceleration upon termination without cause. It also extends the post-termination exercise window for vested options to three years in most termination scenarios. The filing signals the company is retaining its interim finance chief rather than naming a permanent CFO, and the change-of-control acceleration is worth noting given Aptera's status as a potential M&A or strategic-transaction candidate.
Key figures
- Extension Term
- one year through October 16, 2027
- Post Termination Exercise Window
- 3 years
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