STOCK TITAN

Faraday Future (FFAI) director sells shares to cover taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) director Xiao Jiang reported equity compensation activity and a related tax sale. On August 24, 2026, 5,825 Restricted Stock Units fully vested and automatically settled into 5,825 shares of Class A common stock for no consideration, leaving no RSUs outstanding from this grant. On August 25, 2026, 2,529 shares of Class A common stock were sold at a weighted average price of $2.79 per share (in multiple trades between $2.66 and $3.10) to satisfy employee tax withholding obligations, with cash proceeds remitted to the company for those taxes.

Positive

  • None.

Negative

  • None.
Insider Jiang Xiao
Role Director
Sold 2,529 shs ($7K)
Approx. gross sale proceeds $7K
Type Security Shares Price Value
Sale Class A Common Stock F2, F3 2,529 $2.79 $7K
Exercise Restricted Stock Units F1 5,825 -- --
Exercise Class A Common Stock F1 5,825 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 3,296 shares (Direct)
Footnotes (3)
  1. F1. Each restricted stock unit ("RSU") represented a contingent right to receive one share of Class A common stock of the Company. The RSUs had no exercise or conversion price and were not exercisable. The RSUs were granted on August 17, 2026, vested in full and automatically settled on August 24, 2026 for no consideration. The RSUs had no expiration date
  2. F2. Represents 2,529 shares sold in connection with the vesting and settlement of RSUs to satisfy applicable employee tax withholding obligations. The shares were sold by the broker and the cash proceeds were remitted to the Company to satisfy the applicable tax withholding obligations.
  3. F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.66 to $3.10, inclusive. The Reporting Person undertakes to provide, upon request, full information regarding the number of shares sold at each separate price.
Shares sold 2,529 shares of Class A Common Stock Sold on August 25, 2026 to satisfy tax withholding obligations
Weighted average sale price $2.79 per share Weighted average for 2,529 shares sold on August 25, 2026
Sale price range $2.66 to $3.10 per share Price range of multiple sale transactions on August 25, 2026
RSUs vested and settled 5,825 Restricted Stock Units RSUs vested in full and settled into 5,825 Class A shares on August 24, 2026
Underlying shares from RSUs 5,825 shares of Class A Common Stock Shares received upon automatic settlement of RSUs for no consideration
RSU holdings after transaction 0.0000 RSUs Total RSUs from this grant following settlement on August 24, 2026
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represented a contingent right to receive"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"to satisfy applicable employee tax withholding obligations."

FAQ

What insider transactions did FFAI director Xiao Jiang report?

Xiao Jiang reported the vesting and settlement of 5,825 RSUs into 5,825 FFAI Class A shares on August 24, 2026, and the sale of 2,529 shares on August 25, 2026 to cover tax withholding obligations related to that vesting.

How many Faraday Future (FFAI) shares did Xiao Jiang sell and at what price?

Xiao Jiang reported selling 2,529 shares of FFAI Class A common stock at a weighted average price of $2.79 per share. The shares were sold in multiple transactions at prices ranging from $2.66 to $3.10 per share, inclusive.

Why were the 2,529 FFAI shares sold by Xiao Jiang?

The 2,529 shares were sold in connection with the vesting and settlement of RSUs to satisfy employee tax withholding obligations. The shares were sold by a broker and the cash proceeds were remitted to Faraday Future to cover those tax withholdings.

What happened to Xiao Jiang’s Restricted Stock Units in Faraday Future (FFAI)?

Each RSU represented a right to receive one FFAI Class A share. On August 24, 2026, 5,825 RSUs vested in full and automatically settled into 5,825 shares for no consideration, and the RSU position from this grant was reduced to 0.

Were Xiao Jiang’s FFAI transactions under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox as not affirmed (false), and the footnotes describe the sale as being to satisfy tax withholding obligations, rather than stating it was executed under a Rule 10b5-1 trading plan.

What is the price range of Xiao Jiang’s FFAI share sales?

The 2,529 shares sold on August 25, 2026 were executed at prices ranging from $2.66 to $3.10 per share, inclusive, with a weighted average price of $2.79 per share reported in the Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Jiang Xiao

(Last)(First)(Middle)
1990 E GRAND AVENUE

(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)
08/24/2026
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 Stock08/24/2026M5,825(1)A$0(1)5,825D
Class A Common Stock08/25/2026S2,529(2)D$2.79(3)3,296D
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)08/24/2026M5,825 (1) (1)Class A Common Stock5,825(1)0D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represented a contingent right to receive one share of Class A common stock of the Company. The RSUs had no exercise or conversion price and were not exercisable. The RSUs were granted on August 17, 2026, vested in full and automatically settled on August 24, 2026 for no consideration. The RSUs had no expiration date
2. Represents 2,529 shares sold in connection with the vesting and settlement of RSUs to satisfy applicable employee tax withholding obligations. The shares were sold by the broker and the cash proceeds were remitted to the Company to satisfy the applicable tax withholding obligations.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.66 to $3.10, inclusive. The Reporting Person undertakes to provide, upon request, full information regarding the number of shares sold at each separate price.
Remarks:
/S/ Xiao Jiang08/26/2026
** 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)