Form 4: SES AI Corp: Chief Legal Officer Kyle Pilkington Reports Share Disposals for Tax Obligations

Kyle Pilkington, Chief Legal Officer of SES AI Corp, reports disposals of Class A Common Stock to cover withholding tax obligations related to vesting restricted stock units.

Summary

• On April 17, 2025, Kyle Pilkington, the Chief Legal Officer of SES AI Corp, disposed of 25,293 shares of Class A Common Stock at a price of $0.6215.
• On April 18, 2025, Pilkington disposed of an additional 4,558 shares of Class A Common Stock at a price of $0.6851.
• These disposals were to cover the reporting person's withholding tax obligations in connection with the vesting of restricted stock units (RSUs).
• The shares were not sold by the reporting person.
• Following these transactions, Pilkington beneficially owns 866,729 shares of Class A Common Stock, which includes shares underlying RSUs that are subject to forfeiture until they vest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine tax-related share disposals and doesn't indicate any fundamental issues with the company.

Industry Context

This filing is a routine disclosure related to insider transactions, specifically the disposal of shares to cover tax obligations. It's common for executives to have shares withheld upon the vesting of restricted stock units to satisfy tax requirements.

Stakeholder Impact

• The disposal of shares to cover tax obligations may have a minor impact on shareholders due to the slight dilution, but it is a common practice and not indicative of a larger issue.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Share Disposal, Restricted Stock Units, Tax Obligations, SES AI Corp, Kyle Pilkington, Beneficial Ownership, Class A Common Stock