SES AI CFO has shares withheld for RSU taxes
SES AI Corp’s Chief Financial Officer, Nealis Jing, had shares withheld to cover taxes on vested RSUs.
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Form Type
4
Rhea-AI Filing Summary
SES AI Corp’s Chief Financial Officer, Nealis Jing, had shares withheld to cover taxes on vested RSUs. On this event, 163,968 shares of Class A Common Stock were withheld at $0.9873 per share to satisfy withholding tax obligations, and were not sold in the market.
After this tax-withholding disposition, Jing directly holds 2,342,088 shares of Class A Common Stock, including 906,607 shares underlying restricted stock units that remain subject to forfeiture until they vest.
Insider Trade Summary
Exercise Price or Tax Liability: 163,968 shares
Exercise Price or Tax Liability
1 txn
Insider
Nealis Jing
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 163,968 | $0.9873 | $162K |
Holdings After Transaction:
Class A Common Stock — 2,342,088 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld to cover the Reporting Person's withholding tax obligations in connection with the vesting of restricted stock units ("RSUs"). These shares were not sold by the Reporting Person.
- F2. Includes 906,607 shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
Key Figures
Tax-withheld shares: 163,968 shares
Withholding price: $0.9873 per share
Shares held after: 2,342,088 shares
+1 more
4 metrics
Tax-withheld shares
163,968 shares
Shares withheld to cover RSU-related withholding tax obligations
Withholding price
$0.9873 per share
Value used for RSU-related tax-withholding disposition
Shares held after
2,342,088 shares
Total Class A shares directly held by CFO after transaction
Unvested RSU underlying shares
906,607 shares
Class A shares underlying RSUs subject to forfeiture until vesting
Key Terms
restricted stock units, withholding tax obligations, Class A Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"Represents shares withheld to cover the Reporting Person's withholding tax obligations in connection with the vesting of restricted stock units"
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.
withholding tax obligations financial
"Represents shares withheld to cover the Reporting Person's withholding tax obligations in connection with the vesting of restricted stock units"
Class A Common Stock financial
"Includes 906,607 shares of Class A Common Stock underlying restricted stock units"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SES (SES) CFO Nealis Jing report in this Form 4?
SES AI Corp CFO Nealis Jing reported a tax-withholding disposition of 163,968 Class A shares. These shares were withheld by the company to cover withholding tax obligations triggered by restricted stock unit vesting, and were not sold in open-market transactions.
What are restricted stock units (RSUs) in the SES (SES) Form 4?
Restricted stock units are share-based awards that convert into shares when vesting conditions are satisfied. The filing notes 906,607 SES Class A shares are underlying RSUs, which remain subject to forfeiture until they vest under the applicable award terms.
Does this SES (SES) Form 4 indicate any option or derivative exercises?
No, the transaction is classified as a non-derivative tax-withholding event related to RSU vesting. The derivative section shows no remaining derivative positions, and the transaction summary reports no option or other derivative exercises in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
