Luo Eric 4

What Happened Eric Luo, a director of SES AI Corp (SES), received an award of 141,593 restricted stock units (RSUs) on May 18, 2026. The grant was reported on Form 4 filed May 20, 2026. The RSUs were granted at $0.00 (no cash purchase); an equal number of Class A common shares will be deliverable if and when the RSUs vest. This is a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: May 18, 2026; Form 4 filed May 20, 2026 (timely filing).
• Transaction type/code: A (award/grant).
• Amount: 141,593 RSUs; reported acquisition price $0.00 (value not paid by reporting person).
• Vesting: RSUs vest in full on the first anniversary of the grant (May 18, 2027), subject to continued service (per footnote).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs represent rights to Class A common stock; an equal number of shares will be deliverable upon vesting and continued service.

Context RSUs are a form of equity compensation that convert to company shares upon vesting and typically carry forfeiture risk if service conditions aren't met. This transaction reflects a compensation grant to a director rather than a market buy or sell and does not by itself indicate immediate buying or selling activity.