Form 4: SES AI Officer's Stock Withholding for Tax Obligations
Insider Transaction Report
SES AI Corp's Chief Legal Officer, Kyle Pilkington, had 60,452 shares withheld to cover tax obligations related to restricted stock unit vesting.
Summary
- Kyle Pilkington, Chief Legal Officer of SES AI Corp, reported a transaction on March 27, 2026.
- The transaction involved the disposition of 60,452 shares of Class A Common Stock at a price of $0.9873 per share.
- These shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units (RSUs) and were not sold by Mr. Pilkington.
- Following this transaction, Mr. Pilkington beneficially owns 719,751 shares of Class A Common Stock.
- The total beneficial ownership includes 435,453 shares of Class A Common Stock underlying RSUs, which remain subject to forfeiture until they vest.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related withholding of shares following the vesting of restricted stock units, which is a standard component of executive compensation.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that this is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with RSU programs. It does not reflect on broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a market sale by the insider.
- Employees (specifically Kyle Pilkington): The transaction reflects the vesting of compensation, which is a positive for the individual.
Key Dates
| Date | Description |
|---|---|
| 03/27/2026 | Date of transaction where shares were withheld for tax obligations. |
| 03/31/2026 | Date the Form 4 was signed by Kyle Pilkington. |
Keywords
SES AI Corp, SES, Kyle Pilkington, Chief Legal Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership
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