Faraday Future director receives 147,059 RSU shares
Faraday Future Intelligent Electric Inc. director Sheng Jie exercised restricted stock units to receive Class A Common Stock.
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 Trade Summary
147,059 shares exercised/converted
Exercise
4 txns
Insider
Sheng Jie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 97,059 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 50,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 97,059 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 207,590 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. These RSUs vest in full on April 15, 2026.
Key Figures
RSUs exercised (first grant): 50,000 RSUs
RSUs exercised (second grant): 97,059 RSUs
Total RSU exercises: 147,059 shares
+5 more
8 metrics
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
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security, vest in full, +1 more
5 terms
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""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
