Form 4: SES AI Director Receives RSU Grant

Director Andrew J. Boyd was granted 141,593 restricted stock units as part of the company's 2021 Incentive Award Plan.

Summary

• Director Andrew J. Boyd received a grant of 141,593 restricted stock units (RSUs) on May 18, 2026.
• The RSUs represent the right to receive an equal number of shares of Class A Common Stock.
• The grant vests in full on the first anniversary of the grant date, May 18, 2027, subject to continued service.
• Following this transaction, the director's total beneficial ownership of Class A Common Stock increased to 437,889 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• Potential for future shareholder dilution upon the vesting and issuance of the underlying shares.

Risks

• Vesting is contingent upon the director's continued service to the company.

Future Outlook

The RSUs are scheduled to vest in full on May 18, 2027, provided the director remains in service.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practice to ensure leadership remains incentivized toward long-term company performance in the competitive AI and battery technology sectors.

Comparison to Industry Standards

• The use of a 1-year cliff vesting schedule for director equity is consistent with standard market practices for technology companies.

Corporate Governance

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual issuance of shares.

Next Steps

• Vesting of the RSU grant on May 18, 2027.

Key Dates

Keywords

SES AI, Director Compensation, Restricted Stock Units, Equity Incentive Plan, Insider Ownership