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This document details the changes in beneficial ownership for Son Yongkyu, Chief Technology Officer of SES AI Corp, filed with the SEC in 2023.
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Form 4 is a document used by insiders of publicly traded companies to report their ownership of the company's securities and any changes in that ownership.
Individuals who are considered insiders, such as officers, directors, and beneficial owners of more than 10% of a class of the company's securities, are required to file Form 4.
To fill out Form 4, insiders must provide details about the transaction, including the date of the transaction, the type of security involved, the number of shares bought or sold, and the price at which the transaction occurred.
The purpose of Form 4 is to provide transparency regarding insider trading by ensuring that the SEC and the public are informed about changes in the ownership of securities by insiders.
Form 4 must report the date of the transaction, the amount of securities involved, the price per security, the ownership structure before and after the transaction, and the nature of the transaction.
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