Faraday Future (FFAI) Director Jiang Xiao Receives RSU Award

What Happened
Jiang Xiao, a director of Faraday Future Intelligent Electric Inc. (FFAI), received an award of 5,825 restricted stock units (RSUs) on August 17, 2026. The Form 4 records the acquisition as an award (derivative) at $0.00 per unit — these RSUs represent the right to receive one share of Class A common stock per RSU once vested.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (no late filing indicated in the document).
• Grant: 5,825 RSUs recorded at $0.00 (derivative award).
• Vesting: The RSUs will vest in full on August 24, 2026 (footnote).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 = each RSU equals the right to one share; F2 = full vesting on Aug 24, 2026.

Context
This was an equity compensation award, not an open-market purchase or sale. RSU grants are common for directors and executives as part of compensation and do not by themselves indicate a buy/sell signal until shares are settled or sold. Once vested and settled into shares, those shares could be sold or held; the Form 4 does not report any immediate sale or tax-withholding in this filing.