Form 4: SES AI CFO's Stock Withholding for Tax

SES AI Corporation's Chief Financial Officer, Jing Nealis, reported a disposition of 15,691 shares of Class A Common Stock to cover tax obligations related to a restricted share award vesting.

Summary

• Jing Nealis, Chief Financial Officer of SES AI Corp, reported a transaction on August 18, 2025.
• 15,691 shares of Class A Common Stock were disposed of at a price of $1.08 per share.
• This disposition was solely to cover tax withholding obligations associated with the vesting of a restricted share award.
• The shares were not sold by Ms. Nealis.
• Following this transaction, Ms. Nealis beneficially owns 2,616,287 shares of Class A Common Stock.
• This total includes 1,426,800 shares underlying restricted stock units (RSUs) that are subject to future vesting.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to equity compensation vesting, which is a neutral event for the company's operational or financial performance. It reflects standard compensation practices.

Positives

• Vesting of a restricted share award indicates the fulfillment of employment terms and compensation for the Chief Financial Officer.

Negatives

• Beneficial ownership of Class A Common Stock decreased by 15,691 shares due to tax withholding.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically related to equity compensation and tax withholding, and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax withholding, not a market sale by the insider.
• Employees: Reflects standard equity compensation practices for executives.

Key Dates

Recommendation

This Form 4 filing details a routine tax withholding transaction related to the vesting of restricted stock awards for a key executive. It does not indicate any change in the company's fundamentals, strategic direction, or financial health. As such, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is appropriate unless other fundamental factors change.

Keywords

SES AI Corp, SES, Form 4, Insider Transaction, Jing Nealis, Chief Financial Officer, Restricted Stock Units, Tax Withholding, Equity Compensation, Beneficial Ownership