Leadership & Pay ·
Aptera Motors Corp. increased its board size from four to five members and appointed Wellington J. Reiter as an…
SEVAptera Motors Corp
Aptera Motors Corp. increased its board size from four to five members and appointed Wellington J. Reiter as an independent director effective August 11, 2026. Mr. Reiter was also designated to the Audit Committee. In connection with his appointment, he received 210,045 restricted stock units valued at $500,000 total, comprising a fully vested annual retainer ($50,000), a fully vested audit committee retainer ($10,000), and a four-year vesting long-term incentive grant ($400,000). Aptera Motors Corp. operates in the electric vehicle industry, specializing in solar-electric vehicles.