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SES AI Corp·4

Feb 10, 5:45 PM ET

Pilkington Kyle 4

Research Summary

AI-generated summary

Updated

SES AI (SES) CLO Kyle Pilkington Withholds 56,074 Shares

What Happened

Kyle Pilkington, Chief Legal Officer of SES AI Corp (SES), had 56,074 shares withheld on 2026-02-09 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $1.99 per share for a total value of $111,587. According to the filing footnote, these shares were withheld to cover taxes and were not sold in the open market.

Key Details

  • Transaction date: 2026-02-09; filing date: 2026-02-10 (no late filing indicated in the provided data).
  • Withheld: 56,074 shares at $1.99 per share; total value $111,587.
  • Transaction code: F (tax withholding to cover RSU vesting).
  • Footnote F1: Shares were withheld to cover the Reporting Person’s withholding tax obligations; they were not sold.
  • Footnote F2: The filing also notes 568,785 shares of Class A common stock underlying RSUs that are subject to forfeiture until they vest.
  • Shares owned after the transaction: not specified in the excerpt provided.

Context

Withholding shares to cover taxes on vesting RSUs is a routine administrative action and not an active sale or a direct buy signal. It reduces the insider’s outstanding shares but does not necessarily indicate a change in conviction about the company.