Form 4: SES AI Corp CFO Jing Nealis Reports Tax-Related Stock Disposals

Jing Nealis, CFO of SES AI Corp, reports disposals of Class A Common Stock to cover withholding tax obligations related to vesting restricted stock units.

Summary

• Jing Nealis, the Chief Financial Officer of SES AI Corp, filed a Form 4 detailing changes in beneficial ownership.
• On April 17, 2025, Nealis disposed of 35,410 shares of Class A Common Stock at $0.6215 and 15,691 shares at $0.6413 to cover withholding tax obligations related to vesting restricted stock units.
• On April 18, 2025, Nealis disposed of 37,825 shares of Class A Common Stock at $0.6851 for the same reason.
• These shares were not sold by the Reporting Person.
• Following these transactions, Nealis beneficially owns 2,732,567 shares, 2,716,876 shares and 2,679,051 shares of Class A Common Stock respectively.
• This includes unvested shares and shares underlying restricted stock units that are subject to forfeiture until they vest.

Sentiment

Score: 6

Explanation: The document is neutral. It simply reports transactions related to tax obligations. There is no indication of positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Key Dates

Keywords

Form 4, beneficial ownership, SES AI Corp, Jing Nealis, CFO, Class A Common Stock, restricted stock units, withholding tax, disposal