Faraday Future chairman buys $100 preferred share
The preferred stock carries rights, preferences, privileges and restrictions set out in the issuer’s Series A Certificate of Designation.
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Rhea-AI Filing Summary
Faraday Future Intelligent Electric Inc. (FFAI) Executive Chairman Jiawei Wang purchased one share of Series A Preferred Stock for $100 per share directly from the issuer for cash. His reported direct holdings after the transaction were one share. The stock’s rights, preferences, privileges and restrictions are set out in the issuer’s Certificate of Designation. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preferred Stock, par value $0.0001 per share F1 | 1 | $100.00 | $100.00 |
Footnotes (1)
- F1. On November 5, 2026, the Reporting Person purchased one (1) share of Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock") of the Issuer from the Issuer for cash consideration of $100.00. The Preferred Stock has the rights, preferences, privileges and restrictions set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock filed by the Issuer with the Secretary of State of the State of Delaware (the "Series A COD").
Key Figures
Key Terms
Series A Preferred Stock financial
par value financial
Certificate of Designation regulatory
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