Faraday Future (FFAI) director converts 147,059 RSUs into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Faraday Future Intelligent Electric Inc. director Chad Chen exercised restricted stock units into common stock. On April 15, 2026, he converted 50,000 RSUs and 97,059 RSUs, each at a conversion price of $0.00 per unit, into Class A Common Stock. These RSUs were granted on August 14, 2025 and December 31, 2025 and vested in full on April 15, 2026. Following these exercises, Chen directly holds 192,596 shares of Class A Common Stock, with no remaining RSU derivative position reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
147,059 shares exercised/converted
Mixed
4 txns
Insider
Chen Chad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 97,059 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 97,059 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 97,059 shares (Direct);
Class A Common Stock — 95,537 shares (Direct)
Footnotes (1)
- 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. 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. These RSUs vested in full on April 15, 2026.
Key Figures
RSUs exercised block 1: 50,000 RSUs
RSUs exercised block 2: 97,059 RSUs
Total RSUs exercised: 147,059 RSUs
+4 more
7 metrics
RSUs exercised block 1
50,000 RSUs
Restricted Stock Units converted on April 15, 2026
RSUs exercised block 2
97,059 RSUs
Restricted Stock Units converted on April 15, 2026
Total RSUs exercised
147,059 RSUs
Exercise or conversion of derivative securities (code M)
RSU exercise price
$0.00 per RSU
Conversion or exercise price for both RSU grants
Shares held after transaction
192,596 shares
Class A Common Stock directly owned following April 15, 2026 transactions
Grant Date 1 RSUs
50,000 RSUs
Granted on August 14, 2025 to the reporting person
Grant Date 2 RSUs
97,059 RSUs
Granted on December 31, 2025 to the reporting person
Key Terms
Restricted Stock Units, RSUs, Class A Common Stock, Grant Date, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") granted to the reporting person on August 14, 2025"
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.
RSUs financial
"Each RSU represents the right to receive one share of Class A Common Stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"Each RSU represents the right to receive one share of Class A Common Stock of the Company"
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.
Grant Date financial
"granted to the reporting person on August 14, 2025 (the "Grant Date")"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vested in full financial
"These RSUs vested in full on April 15, 2026."
FAQ
What insider transaction did Chad Chen report for FFAI on April 15, 2026?
Chad Chen reported exercising restricted stock units into Class A Common Stock on April 15, 2026. He converted 50,000 RSUs and 97,059 RSUs at a $0.00 conversion price, increasing his direct holdings to 192,596 common shares with no remaining RSUs reported.
How many Faraday Future (FFAI) RSUs did Chad Chen convert to stock?
Chad Chen converted a total of 147,059 restricted stock units into Class A Common Stock. The filing shows two RSU blocks of 50,000 and 97,059 units, each representing the right to receive one share of Class A Common Stock upon vesting and exercise.
At what price were Chad Chen’s Faraday Future RSUs exercised?
The restricted stock units exercised by Chad Chen had a conversion or exercise price of $0.00 per RSU. Each RSU represented the right to receive one share of Class A Common Stock, so the economic value comes from the underlying stock rather than an exercise payment.
When were the Faraday Future RSUs granted and when did they vest?
The RSUs were granted to Chad Chen on August 14, 2025 and December 31, 2025. According to the footnotes, these restricted stock units vested in full on April 15, 2026, the same date on which they were exercised into Class A Common Stock.