Form 4: SES AI Corp CFO Jing Nealis Reports Share Withholding for Tax Obligations

Jing Nealis, CFO of SES AI Corp, reports withholding of 12,604 shares to cover tax obligations related to vesting of a restricted share award, with no shares sold by the reporting person.

Summary

• On February 17, 2025, Jing Nealis, the CFO of SES AI Corp, had 12,604 shares of Class A Common Stock withheld to cover withholding tax obligations related to the vesting of a restricted share award.
• The shares were withheld at a price of $1.02.
• The reporting person did not sell these shares.
• Following the transaction, Nealis directly owns 1,829,033 shares of Class A Common Stock.
• This includes 185,400 unvested shares from a restricted share award granted on August 16, 2021, which vests 25% on the first anniversary and then in equal monthly installments over 36 months.
• It also includes 621,023 shares underlying restricted stock units that are subject to forfeiture until they vest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact sentiment positively or negatively.

Industry Context

This is a routine SEC filing related to executive compensation and tax obligations. It doesn't necessarily reflect broader industry trends but provides transparency into executive equity holdings.

Stakeholder Impact

• The transaction has a minor impact on the total number of shares outstanding.

Key Dates

Keywords

Form 4, SEC Filing, Beneficial Ownership, SES AI Corp, Jing Nealis, CFO, Share Withholding, Tax Obligations, Restricted Share Award, Class A Common Stock