Xu Kang 4

What Happened

• Xu Kang, Chief Technology Officer of SES AI Corp (SES), had 35,063 shares withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded at $1.88 per share, totaling $65,918. These shares were withheld to cover taxes and were not sold on the open market.

Key Details

• Transaction date: 2026-02-06
• Withheld shares: 35,063 at $1.88 per share; total value $65,918
• Transaction code: F (shares withheld to cover tax withholding on RSU vesting)
• Shares owned after transaction: not specified in the filing; filing notes 399,988 shares of Class A common stock underlying RSUs that remain subject to forfeiture until they vest (Footnote F2)
• Filing date: 2026-02-10 — filed within the normal Form 4 reporting window (timely)

Context

• This was a tax-withholding event tied to RSU vesting, a routine administrative action rather than an open-market sale; it typically does not signal a change in the insider’s view of the company.
• The filing clarifies the shares were withheld to cover tax obligations (Footnote F1) rather than sold for cash.