What Investors Should Know About a $520K Evolv CEO Stock Sale as Shares Jump 130%

Company Overview - Evolv Technologies Holdings operates at the intersection of security and artificial intelligence, providing scalable, touchless screening solutions for public venues, addressing the demand for efficient security in high-traffic environments [1] - The company generates revenue through hardware sales, software subscriptions, and analytics platforms that offer security insights and operational data to clients [2] Recent Financial Performance - In the third quarter, revenue increased by 57% year over year to $42.9 million, while annual recurring revenue rose by 25% to $117.2 million [8] - Adjusted EBITDA turned positive at $5.1 million, and management raised full-year 2025 revenue guidance to between $142 million and $145 million, indicating potential growth of up to 40% [8] Insider Transactions - John Kedzierski, the president and CEO, sold 74,322 shares at $7.03 per share, totaling approximately $522,483.66, following the exercise of 207,000 options [4][5] - The sale reduced Kedzierski's direct ownership by 34.57%, from 215,000 to 140,678 shares, with no indirect holdings reported post-transaction [3][5] - The transaction was executed to cover withholding taxes from the vesting of restricted stock units, rather than indicating a reduction in conviction [7][9]