Faraday Future CEO records Series A share redemption
Faraday Future Intelligent Electric Inc. reported an insider administrative change involving its Series A Preferred Stock.
Rhea-AI Filing Summary
Faraday Future Intelligent Electric Inc. reported an insider administrative change involving its Series A Preferred Stock. Co-Global CEO Matthias Aydt had one share of Series A Preferred Stock, with a stated price of $100 per share, automatically redeemed by the company on February 13, 2026. The redemption occurred under the stock’s Certificate of Designation after the company’s Special Meeting of Stockholders on that date, leaving him with no remaining shares of this preferred series.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series A Preferred Stock, par value $0.0001 per share | 1 | $100.00 | $100.00 |
Footnotes (1)
- F1. On February 13, 2026, Faraday Future Intelligent Electric Inc. (the "Issuer") automatically redeemed, pursuant to the terms of the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock, one (1) share of Series A Preferred Stock, par value $0.0001 per share of the Issuer after the conclusion of the Issuer's Special Meeting of Stockholders held on February 13, 2026.
FAQ
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What insider transaction did Faraday Future (FFAI) report for Matthias Aydt?
What type of security was involved in the FFAI Form 4 filing?
Does the FFAI Form 4 show a buy or sell by Matthias Aydt?
AI-generated analysis. How Rhea-AI works. Not financial advice.