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Evolv Technologies Holdings Inc

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and related services in the United States and internationally. Its offerings include Evolv Express, designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags brought into venues in high-clutter environments; and the Evolv Insights Analytics Application, which provides self-serve access to insights on visitor flow and arrival curves, location-specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves industries such as education, healthcare, professional sports, performing arts and entertainment venues, tourist destinations and cultural attractions, government and corporate offices, hospitality and distribution facilities, large industrial workplaces, and houses of worship. Founded in 2013, Evolv Technologies Holdings, Inc. is headquartered in Waltham, Massachusetts.

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Evolv Technologies Director Michael Ellenbogen Sells 80,745 Shares for About $480,000

Evolv Technologies director Michael Ellenbogen sold 80,745 shares of Class A Common Stock on July 15, 2026, for approximately $480,000 at $5.94 per share. The transaction was structured as an exercise of 80,745 stock options at a strike price of $0.24 per share followed by an immediate open-market sale, capturing the spread on vested equity awards through a pre-arranged Rule 10b5-1 trading plan established on June 12, 2025. Following the sale, Ellenbogen's total beneficial ownership remains at about 2.2 million shares, including roughly 2.1 million shares held directly and 151,000 shares held indirectly through the Family Horizon Trust, along with 897,014 derivative securities. Evolv Technologies reported trailing twelve-month revenue of $160.2 million and a net loss of $36.5 million, with a total market capitalization of $1.0 billion as of the July 16, 2026 market close. First-quarter revenue rose 45% to $46.3 million, and recurring revenue reached $127.3 million, up 20%, prompting management to lift full-year guidance to between $175 million and $180 million.
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