Form 4: Faraday Future Intelligent Electric CFO Sells Shares
Insider Transaction (Form 4)
Koti Reddy Meka, Chief Financial Officer of Faraday Future Intelligent Electric Inc., sold 2,909 shares of common stock on August 24, 2026 for $2.79 per share.
Summary
- Option exercise/conversion: acquired 6,699 Class A Common Stock on August 24, 2026; holds 6,738 after (Direct).
- Open-market sale: disposed of 2,909 Class A Common Stock at $2.79 ($8,116) on August 25, 2026; holds 3,829 after (Direct).
- Option exercise/conversion: disposed of 6,699 Restricted Stock Units on August 24, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $8,116 of stock on the open market.
Insider Transactions
Koti Reddy Meka — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Class A Common Stock | 6,699 | — | — | 6,738 |
| 2026-08-25 | Open-market sale | Class A Common Stock | 2,909 | $3 | $8.1K | 3,829 |
| 2026-08-24 | Option exercise/conversion | Restricted Stock Units | 6,699 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (6,699 shares) |
| 2026-08-25 | Open-market sale (2,909 shares) |
| 2026-08-24 | Option exercise/conversion (6,699 shares) |
Keywords
insider transaction, Form 4, FFAI, FARADAY FUTURE INTELLIGENT ELECTRIC INC., bearish, Koti Reddy Meka
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