Form 4: SES AI Corp: Chief Legal Officer Kyle Pilkington Reports Acquisition of 400,000 Shares of Class A Common Stock
SEC Form 4 Filing
Kyle Pilkington, Chief Legal Officer of SES AI Corp, reports the acquisition of 400,000 shares of Class A Common Stock through restricted stock units (RSUs) granted on March 28, 2025.
Summary
- On March 28, 2025, Kyle Pilkington, the Chief Legal Officer of SES AI Corp, was granted 400,000 shares of Class A Common Stock in the form of restricted stock units (RSUs).
- These RSUs were granted under the Issuer's 2021 Incentive Award Plan.
- The RSUs will vest in three equal installments on the first, second, and third anniversaries of the grant date, contingent upon continued employment or service.
- Following this transaction, Pilkington beneficially owns 896,580 shares of Class A Common Stock, including 759,889 shares underlying RSUs that are subject to forfeiture until they vest.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a standard compensation practice and indicates confidence in the company's future.
Positives
- The grant of RSUs aligns the Chief Legal Officer's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.
Future Outlook
The RSUs will vest over the next three years, subject to continued employment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The RSU grant aligns management's interests with shareholders, potentially leading to increased shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Grant Date of Restricted Stock Units (RSUs) |
| 04/01/2025 | Date of Signature |
Keywords
SES AI Corp, Kyle Pilkington, Class A Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Incentive Award Plan, Form 4, SEC
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