Form 4: SES AI Corp CEO Qichao Hu Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO Qichao Hu reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On April 17, 2025, Qichao Hu, CEO and Chairman of SES AI Corp, disposed of 134,866 shares of Class A Common Stock at a price of $0.6215 to cover withholding tax obligations.
- Following this transaction, Hu directly owns 4,746,903 shares, including 3,751,614 shares underlying restricted stock units (RSUs) that are subject to forfeiture until they vest.
- On April 18, 2025, Hu disposed of 90,038 shares of Class A Common Stock at a price of $0.6851 to cover withholding tax obligations.
- Following this transaction, Hu directly owns 4,656,865 shares, including 3,565,391 shares underlying restricted stock units (RSUs) that are subject to forfeiture until they vest.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to the CEO's personal tax obligations and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Disposition of 134,866 shares of Class A Common Stock to cover tax obligations. |
| 04/18/2025 | Disposition of 90,038 shares of Class A Common Stock to cover tax obligations. |
Keywords
Form 4, Beneficial Ownership, SEC Filing, Qichao Hu, SES AI Corp, RSUs, Tax Obligations, Class A Common Stock
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