Faraday Future (FFAI) Co-Global CEO sees Series A preferred share redeemed
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aydt Matthias
Role
Co-Global CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series A Preferred Stock, par value $0.0001 per share | 1 | $100.00 | $100.00 |
Holdings After Transaction:
Series A Preferred Stock, par value $0.0001 per share — 0 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Faraday Future (FFAI) report for Matthias Aydt?
Faraday Future reported that Co-Global CEO Matthias Aydt had one share of Series A Preferred Stock automatically redeemed on February 13, 2026. This was an administrative change under existing terms, leaving him with no remaining shares of that preferred series.
What type of security was involved in the FFAI Form 4 filing?
The Form 4 involved one share of Series A Preferred Stock with a par value of $0.0001 per share. The transaction used a stated price of $100 per share for reporting, reflecting terms tied to this preferred stock designation.
Does the FFAI Form 4 show a buy or sell by Matthias Aydt?
The Form 4 classifies the event under code J as an “other acquisition or disposition,” not a standard buy or sell. It reflects an automatic redemption under preset terms rather than an open-market or discretionary trade by the executive.