Form 4: SES AI Corp Executive Granted 500,000 Restricted Stock Units

Hong Gan, Chief Science Officer of SES AI Corp, was granted 500,000 restricted stock units (RSUs) on March 28, 2025, according to a Form 4 filing.

Summary

• Hong Gan, the Chief Science Officer of SES AI Corp, received a grant of 500,000 restricted stock units (RSUs) on March 28, 2025.
• These RSUs are part of 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, Gan beneficially owns 1,325,506 shares of Class A Common Stock, including 1,015,067 shares underlying restricted stock units that are subject to forfeiture until they vest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The RSU grant is a standard practice and indicates confidence in the executive's continued contribution to the company. However, it doesn't provide any groundbreaking news or financial performance updates.

Positives

• The grant of RSUs aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the Chief Science Officer.

Risks

• The value of the RSUs is dependent on the future stock price of SES AI Corp, which is subject to market fluctuations.
• The RSUs are subject to forfeiture if the executive's employment is terminated before the vesting dates.

Future Outlook

The RSUs will vest over the next three years, subject to continued employment, indicating an expectation of continued service from the executive.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, particularly in technology and growth-oriented sectors, to incentivize performance and retain key personnel.

Comparison to Industry Standards

• Executive compensation packages, including RSU grants, vary significantly across industries and company sizes.
• Comparing the size and vesting schedule of these RSUs to those of executives at similar companies in the battery technology or electric vehicle space would provide a more detailed assessment of their competitiveness.
• Companies like QuantumScape, Solid Power, and StoreDot could be considered peers for comparison purposes.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive to drive long-term value.
• Employees may see this as a sign of the company's commitment to its leadership team.

Key Dates

Keywords

RSU, restricted stock units, Form 4, beneficial ownership, SES AI Corp, Hong Gan, executive compensation, stock options, vesting