Form 4: SES AI Corp Executive Gan Hong Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Science Officer of SES AI Corp, Gan Hong, disposed of shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- Gan Hong, Chief Science Officer of SES AI Corp, disposed of shares of Class A Common Stock on April 17 and 18, 2025, to cover withholding tax obligations.
- On April 17, 2025, 30,926 shares were disposed of at a price of $0.6215 per share.
- On April 18, 2025, 41,294 shares were disposed of at a price of $0.6851 per share.
- Following these transactions, Gan Hong beneficially owns 1,253,286 shares of Class A Common Stock.
- This total includes shares underlying restricted stock units that are subject to forfeiture until they vest.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports share disposals for tax purposes, which is a normal occurrence.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the disposal of shares to cover tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The disposal of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant as it is for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Disposal of 30,926 shares of Class A Common Stock at $0.6215 per share. |
| 04/18/2025 | Disposal of 41,294 shares of Class A Common Stock at $0.6851 per share. |
Keywords
Form 4, SEC Filing, Insider Trading, Share Disposal, SES AI Corp, Gan Hong, Restricted Stock Units, Tax Obligations
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