Nealis Jing 4

What Happened
Nealis Jing, Chief Financial Officer of SES AI Corp (SES), had 163,968 shares withheld on March 27, 2026 to cover withholding tax obligations related to the vesting of restricted stock units (RSUs). The filing reports a per-share value of $0.99, totaling $161,886. These shares were withheld by the company and were not sold on the open market.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely filing).
• Transaction type/code: F — shares withheld to satisfy tax withholding on RSU vesting.
• Shares withheld: 163,968 at $0.99/share; total value reported $161,886.
• Reporting note: Footnote F1 specifies the shares were withheld to cover taxes and were not sold by the insider.
• Footnote F2 notes 906,607 shares of Class A common stock underlying RSUs are still subject to forfeiture until they vest (shown on the filing).
• Shares owned after the transaction are not specified beyond the RSU disclosure in the filing.

Context
Tax-withholding share withholding is a common, administrative action when RSUs vest and does not represent a market sale or deliberate insider divestiture. It’s generally not a directional signal about the insider’s view of the company.