Insider Purchase: Matthias Aydt Adds 1 Series A Preferred at $100
Rhea-AI Filing Summary
Matthias Aydt, a director and Co-Global CEO of Faraday Future Intelligent Electric Inc. (ticker shown as FFAI in the filing), purchased one (1) share of Series A Preferred Stock (par value $0.0001) on 08/06/2025 for cash consideration of $100.00. The transaction is reported in Table I as a non-derivative purchase and is recorded as direct beneficial ownership.
The Form 4 identifies the purchase as from the issuer and references the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock for the security's rights and preferences. The filing lists the reporting person address as C/O Faraday Future Intelligent Electric at Gardena, CA 90248, and indicates the form was filed by one reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider purchased one Series A preferred share for $100; transaction is reported as a direct purchase from the issuer and is immaterial to capitalization.
The Form 4 shows a purchase of one (1) share of Series A Preferred Stock for $100 on 08/06/2025, recorded in Table I as a non-derivative security and listed as direct ownership. The transaction code indicates a purchase from the issuer. From a capital structure perspective, a single $100 preferred-share purchase is not material to the company's outstanding equity or financing, but it is properly reported and documents the security's governing Certificate of Designation.
TL;DR: Director and Co-Global CEO reported a direct acquisition of one Series A preferred share; disclosure follows standard Form 4 requirements.
The filing names Matthias Aydt as the reporting person with roles of Director and Co-Global CEO and records the acquisition of one Series A Preferred share for $100 in Table I. The document references the Certificate of Designation for the Series A rights and indicates the Form was filed by one reporting person. Procedurally, the Form 4 lists the necessary details: security title, par value, transaction date, purchase consideration and ownership form, satisfying Section 16 reporting elements for an insider purchase.