SES.NYSESes Ai CORP

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

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SEC Form 4 Filing

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Jing Nealis, CFO of SES AI Corp, reports the withholding of 11,025 shares of Class A Common Stock to cover tax obligations related to vesting of a restricted share award.

Summary

  • Jing Nealis, the Chief Financial Officer of SES AI Corp, filed a Form 4 on May 20, 2024, reporting a transaction that occurred on May 16, 2024.
  • The transaction involved the withholding of 11,025 shares of Class A Common Stock to cover the reporting person's withholding tax obligations in connection with the vesting of a restricted share award.
  • These shares were not sold by the Reporting Person.
  • Following the transaction, Nealis beneficially owns 2,012,496 shares of Class A Common Stock, which includes 463,498 unvested shares of Class A Common Stock under a restricted share award granted on August 16, 2021, and 824,552 shares of Class A Common Stock underlying restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to tax obligations, and does not contain any information that would significantly impact investor sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.

Key Dates

DateDescription
August 16, 2021Date of grant for restricted share award, vesting 25% on the first anniversary and then in equal monthly installments over 36 months.
May 16, 2024Date of transaction: withholding of shares for tax obligations.
May 20, 2024Date of Form 4 filing.

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