Summary by Futu AI
SES AI Corporation has announced that Officer Jing Nealis plans to sell 150,000 shares of common stock on December 26, 2024. The transaction is part of a pre-planned stock sale arrangement, with the plan adoption date set on May 30, 2024.The shares to be sold were acquired through the exercise of stock options on the same date as the planned sale. The aggregate market value of the shares is estimated at $106,500. The acquisition was made directly from the issuer and paid for in cash.No securities have been sold by the officer in the past three months prior to this announcement. This transaction appears to be part of a scheduled liquidity event for the executive, aligning with common practices for insider stock management in publicly traded companies.