Form 4: SES AI Corp CFO Jing Nealis Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Jing Nealis, CFO of SES AI Corp, reports the withholding of shares to cover tax obligations related to the vesting of a restricted share award.
Summary
- On March 17, 2025, Jing Nealis, the CFO of SES AI Corp, had 11,056 shares of Class A Common Stock withheld to cover withholding tax obligations.
- This was related to the vesting of a restricted share award.
- Following the transaction, Nealis beneficially owns 1,817,977 shares of Class A Common Stock.
- This includes 154,500 unvested shares from a restricted share award granted on August 16, 2021, which vests over time.
- 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 routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| August 16, 2021 | Date of restricted share award grant. |
| 03/17/2025 | Date of share withholding for tax obligations. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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