Form 4: SES AI Corp Executive Kyle Pilkington Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Chief Legal Officer Kyle Pilkington reports withholding of 16,926 shares of Class A Common Stock to cover tax obligations related to vesting of restricted stock units.
Summary
- On April 15, 2024, Kyle Pilkington, Chief Legal Officer of SES AI Corp, had 16,926 shares of Class A Common Stock withheld to cover withholding tax obligations related to the vesting of restricted stock units (RSUs).
- These shares were not sold by Pilkington.
- Following the transaction, Pilkington beneficially owns 547,957 shares of Class A Common Stock, including 495,209 shares underlying RSUs that are subject to forfeiture until they vest.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It is standard practice for companies to withhold shares to cover taxes upon the vesting of RSUs.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: Shares withheld for tax obligations. |
| 04/17/2024 | Date of signature on the Form 4 filing. |
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