Form 4: SES AI CFO Jing Nealis Reports RSU Tax Withholding

CFO Jing Nealis reported the withholding of 36,145 shares of SES AI Class A Common Stock to satisfy tax obligations related to RSU vesting.

Summary

• Jing Nealis, Chief Financial Officer of SES AI Corp, executed a transaction on April 14, 2026.
• The transaction involved the withholding of 36,145 shares of Class A Common Stock.
• The shares were withheld at a price of $1.10 per share to cover tax obligations associated with the vesting of restricted stock units (RSUs).
• Following this transaction, the reporting person maintains a beneficial ownership of 2,305,943 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as the transaction was a mandatory tax withholding rather than a voluntary divestment.

Positives

• The transaction was a mandatory tax withholding event rather than a discretionary open-market sale, indicating continued retention of equity by the CFO.

Negatives

• The transaction reflects a reduction in the total number of shares held by the executive, albeit for tax purposes.

Risks

• The company's stock price remains at a low valuation of $1.10 per share, which may impact future equity-based compensation incentives.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The filing notes that the shares were withheld to cover tax obligations and were not sold by the reporting person.

Industry Context

StockSavvy.ai notes that routine tax withholding filings for executives are standard corporate practice and generally do not signal a change in management sentiment regarding the company's long-term prospects.

Comparison to Industry Standards

• The use of 'sell-to-cover' or share withholding for tax obligations is a standard practice for executive compensation in the technology and battery development sectors.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a routine tax-related adjustment.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

SES AI, Form 4, Insider Trading, CFO, Equity Compensation, Tax Withholding