ScanTech (STAI) Insider DeMeakey Williams Receives 343,602 Shares

Rhea-AI Filing Summary

ScanTech AI Systems Inc. (STAI) reported an insider acquisition by DeMeakey Williams. The filing shows a non-derivative grant of 343,602 common shares under the company's 2023 Equity Incentive Plan at an indicated price of $0.5064 per share, resulting in total reported beneficial ownership of 347,870 shares.

The shares reported are held of record by Crane Consulting Firm, Corp., of which Mr. Williams is the sole owner and for which he discloses voting and investment discretion. Mr. Williams disclaims beneficial ownership except to the extent of his pecuniary interest. His listed role is Senior Vice President of Sales, Business Development, and Investor Relations.

Positive

• Grant of 343,602 shares under the 2023 Equity Incentive Plan indicates management compensation alignment with shareholder interests
• Reporting person retains voting and investment discretion through Crane Consulting Firm, showing clear control over the recorded shares

Negative

• Shares are held of record by an entity (Crane Consulting Firm), which creates indirect beneficial ownership complexity
• Form shows acquisition at $0.5064 which may imply dilution or issuance price considerations for existing shareholders (explicit price disclosed)

Insights

Securities Analyst

TL;DR: Insider grant of 343,602 shares increases reported insider stake but appears to be a routine equity incentive award.

The Form 4 documents an acquisition of 343,602 common shares under the 2023 Equity Incentive Plan at a price of $0.5064, bringing the reporting person's total reported beneficial ownership to 347,870 shares. This is an internal compensation-related issuance rather than an open-market purchase or sale. The shares are held of record by Crane Consulting Firm, Corp., where Mr. Williams is sole owner and retains voting and investment discretion. For investors, this filing signals management retention activity, not a change in control or debt/financing event.

Corporate Governance Expert

TL;DR: The filing discloses a standard equity grant and clarifies indirect ownership via a personal consulting entity.

The disclosure appropriately cites the Equity Incentive Plan as the source of the shares and explains the record holder is Crane Consulting Firm, Corp., with Mr. Williams as sole owner exercising discretion. Mr. Williams also identifies his executive role. The form includes the customary disclaimer of broader beneficial ownership except for pecuniary interest. No departures, accelerated vesting, or unusual transfer conditions are disclosed in the filing text provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WILLIAMS DEMEAKEY VOSHAY Sr

(Last) (First) (Middle)

1735 ENTERPRISE DRIVE

(Street)

BUFORD GA 30518

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ScanTech AI Systems Inc. [ STAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		A		343,602(1)	A	$0.5064	347,870	I(2)	By Crane Consulting Firm, Corp.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the grant of common stock pursuant to the 2023 ScanTech AI Systems Inc. Equity Incentive Plan.

2. The Shares are held of record by Crane Consulting Firm, Corp. ("Crane"). Mr. Williams is the sole owner of Crane and in such capacity has voting and investment discretion with respect to the Shares held of record by Crane. By virtue of this relationship, Mr. Williams may be deemed to share beneficial ownership of the Shares held of record by Crane. Mr. Williams disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.

Remarks:

Senior Vice President of Sales, Business Development, and Investor Relations

	/s/ DeMeakey Williams Crane Consulting Firm, Corp. /s/ DeMeakey Williams, Sole Owner	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transaction did DeMeakey Williams report on the STAI Form 4?

The Form 4 reports an acquisition of 343,602 common shares under ScanTech AI Systems Inc.'s 2023 Equity Incentive Plan.

How many STAI shares does the filing show as beneficially owned after the transaction?

The filing reports 347,870 shares beneficially owned following the reported transaction.

At what price were the STAI shares reported on the Form 4?

The transaction lists a price of $0.5064 per share for the reported acquisition.

Who holds the shares of record according to the filing?

The shares are held of record by Crane Consulting Firm, Corp., of which Mr. Williams is the sole owner and through which he has voting and investment discretion.

What is DeMeakey Williams' role at ScanTech AI Systems?

The filing lists him as Senior Vice President of Sales, Business Development, and Investor Relations.