STOCK TITAN

Faraday Future (FFAI) director exercises 147,059 RSUs into shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Faraday Future Intelligent Electric Inc. director Sheng Jie exercised restricted stock units to receive Class A Common Stock. On April 15, 2026, he converted 50,000 and 97,059 RSUs, each RSU delivering one share at a conversion price of $0.00 per share.

These RSUs were granted on August 14, 2025 and December 31, 2025 and vested in full on April 15, 2026. Following the conversions, Sheng Jie directly holds 207,590 shares of Class A Common Stock, reflecting routine equity compensation rather than open-market purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Sheng Jie
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 50,000 $0.00 --
Exercise Restricted Stock Units 97,059 $0.00 --
Exercise Class A Common Stock 50,000 $0.00 --
Exercise Class A Common Stock 97,059 $0.00 --
Holdings After Transaction: Restricted Stock Units — 97,059 shares (Direct); Class A Common Stock — 110,531 shares (Direct)
Footnotes (1)
  1. Represents restricted stock units ("RSUs") granted to the reporting person on August 14, 2025 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company. Represents restricted stock units ("RSUs") granted to the reporting person on December 31, 2025 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company. These RSUs vest in full on April 15, 2026.
RSUs exercised (first grant) 50,000 RSUs Converted into 50,000 Class A Common shares on April 15, 2026
RSUs exercised (second grant) 97,059 RSUs Converted into 97,059 Class A Common shares on April 15, 2026
Total RSU exercises 147,059 shares Exercise or conversion of derivative securities on April 15, 2026
Post-transaction holdings 207,590 shares Class A Common Stock directly owned after Form 4 transactions
Conversion price $0.00 per share RSUs converting into Class A Common Stock
RSU grant date 1 August 14, 2025 First RSU award referenced in footnote
RSU grant date 2 December 31, 2025 Second RSU award referenced in footnote
RSU vesting date April 15, 2026 RSUs vest in full on this date
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each RSU represents the right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vest in full financial
"These RSUs vest in full on April 15, 2026."
direct ownership financial
"ownership_type": "direct", "ownership_code": "D""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sheng Jie

(Last)(First)(Middle)
C/O FARADAY FUTURE INTELLIGENT ELECTRIC
1990 E. GRAND AVE

(Street)
EL SEGUNDO CALIFORNIA 90245

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FARADAY FUTURE INTELLIGENT ELECTRIC INC. [ FFAI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/15/2026M50,000A(1)110,531D
Class A Common Stock04/15/2026M97,059A(2)207,590D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/15/2026M50,000 (3) (3)Class A Common Stock50,000$097,059D
Restricted Stock Units(2)04/15/2026M97,059 (3) (3)Class A Common Stock97,059$00D
Explanation of Responses:
1. Represents restricted stock units ("RSUs") granted to the reporting person on August 14, 2025 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company.
2. Represents restricted stock units ("RSUs") granted to the reporting person on December 31, 2025 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company.
3. These RSUs vest in full on April 15, 2026.
Remarks:
/s/ Jie Sheng04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Faraday Future (FFAI) director Sheng Jie report in this Form 4?

Director Sheng Jie reported exercising restricted stock units to receive Class A Common Stock. He converted 50,000 and 97,059 RSUs into the same number of shares at $0.00 per share as part of equity compensation that vested on April 15, 2026.

How many Faraday Future (FFAI) shares did Sheng Jie acquire through RSU exercises?

Sheng Jie acquired 147,059 shares of Class A Common Stock by exercising 50,000 and 97,059 restricted stock units. Each RSU converted into one share at a $0.00 conversion price when the awards fully vested on April 15, 2026.

What are the grant and vesting dates of Sheng Jie’s RSUs at Faraday Future (FFAI)?

Sheng Jie’s reported restricted stock units were granted on August 14, 2025 and December 31, 2025. According to the footnotes, these RSUs vested in full on April 15, 2026, triggering the conversion into Class A Common Stock on that date.

How many Faraday Future (FFAI) shares does Sheng Jie hold after these transactions?

After the RSU conversions, Sheng Jie directly holds 207,590 shares of Faraday Future Class A Common Stock. This total reflects the addition of 147,059 shares received from vested restricted stock units, with no sales or tax-withholding dispositions reported in this filing.

Were any of Sheng Jie’s Faraday Future (FFAI) transactions open-market buys or sales?

No. All reported transactions are coded as “M,” indicating exercises or conversions of derivative securities. The filing shows RSUs converting into Class A Common Stock at a $0.00 price, with no open-market purchases or sales or tax-withholding dispositions disclosed.