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SES AI Corp | 4: Statement of changes in beneficial ownership of securities-Officer Nealis Jing

SEC ·  Dec 28, 2024 08:33

Summary by Futu AI

On December 26, 2024, Nealis Jing, Chief Financial Officer of SES AI Corp, executed a series of transactions involving the company's Class A Common Stock. Jing first exercised 150,000 shares at $0.16 per share through the conversion of derivative securities.Immediately following this acquisition, Jing sold the same number of shares in an open market transaction at $1.02 per share, resulting in a total market value of $153,000. These transactions were completed on the same day, indicating a possible pre-planned exercise-and-sell strategy.After these transactions, Jing's direct ownership of SES AI Corp's Class A Common Stock stands at 1,935,322 shares. The simultaneous nature of the acquisition and disposal suggests a neutral impact on Jing's overall position in the company.
On December 26, 2024, Nealis Jing, Chief Financial Officer of SES AI Corp, executed a series of transactions involving the company's Class A Common Stock. Jing first exercised 150,000 shares at $0.16 per share through the conversion of derivative securities.Immediately following this acquisition, Jing sold the same number of shares in an open market transaction at $1.02 per share, resulting in a total market value of $153,000. These transactions were completed on the same day, indicating a possible pre-planned exercise-and-sell strategy.After these transactions, Jing's direct ownership of SES AI Corp's Class A Common Stock stands at 1,935,322 shares. The simultaneous nature of the acquisition and disposal suggests a neutral impact on Jing's overall position in the company.

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