Gan Hong 4

What Happened

• Gan Hong, Chief Science Officer of SES AI Corp (SES), had 63,290 shares withheld on Feb 9, 2026 to cover withholding tax obligations related to the vesting of restricted stock units (RSUs). The withholding was recorded at $1.99 per share, a total value of approximately $125,947.
• This was a tax-withholding disposition (not an open-market sale); the shares were retained by the company to satisfy tax liabilities rather than sold by the reporting person.

Key Details

• Transaction date and price: Feb 9, 2026; 63,290 shares at $1.99 each.
• Total value of withheld shares: ~$125,947.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares were withheld to cover withholding tax on RSU vesting and were not sold by the reporting person. F2 — filing notes 710,981 shares of Class A common stock underlying RSUs that are still subject to forfeiture until they vest.
• Filing: Report filed with the SEC on Feb 10, 2026 reporting the Feb 9 transaction.

Context

• Tax-withholding dispositions are routine administrative actions when RSUs vest; they reduce an insider’s outstanding share count but do not indicate a cash sale or necessarily reflect the insider’s view of the company.
• For retail investors, outright purchases by insiders generally carry stronger signals than routine tax withholdings; this filing documents a standard tax withholding event.