Soroush Salehian Dardashti, CEO of Aeva Technologies, sold 488,160 shares for $6.3 million on Jan. 2, 2026. This represented 11.61% of his holdings, reducing his direct stake to 1,831,199 shares. The transaction involved only direct ownership, with indirect holdings of 1,884,808 shares remaining unchanged. This was Dardashti’s largest single disposition to date.

The sale had a significant impact on Dardashti’s ownership in Aeva Technologies, reducing his direct holdings while maintaining indirect holdings through a trust. The transaction reflected a reduction in available selling capacity, with Dardashti’s total holdings decreasing by 64.88% since March 2025. The transaction price of $12.96 per share was below market open but above the close on Jan. 2, 2026.

Aeva Technologies develops 4D LiDAR-on-chip products based on FMCW sensing technology for various industries. The company focuses on developing and licensing proprietary LiDAR-on-chip platforms for integration into advanced sensing systems, serving automotive, consumer electronics, and industrial automation markets.

Following Dardashti’s sale, Aeva Technologies’ stock price rose by 56%. This increase came after the company announced a deal with Nvidia for its 4D LiDAR technology to be integrated into the NVIDIA DRIVE Hyperion autonomous vehicle reference platform. Aeva also introduced a wide-view, short-range 4D LiDAR sensor for AI applications.

Dardashti’s sale of Aeva Technologies shares preceded a significant rise in the stock price due to the Nvidia deal. This transaction, along with the introduction of new LiDAR technology, positions Aeva as a key supplier in the autonomous vehicle sector, indicating strategic growth opportunities for the company.

Read more at Yahoo Finance: Aeva Technologies’ CEO Sold 488,000 Shares Worth $6.3 Million