Faraday Future (FFAI) Co-Global CEO buys 1 Series A preferred share
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Faraday Future Intelligent Electric Inc. director and Co-Global CEO Matthias Aydt reported a small personal investment in the company’s preferred equity. He purchased 1 share of Series A Preferred Stock with a par value of $0.0001 per share for cash consideration of $100.
This Series A Preferred Stock carries specific rights, preferences and restrictions described in the company’s Certificate of Designation filed in Delaware. After this open-market style transaction from the issuer, Aydt directly owns 1 share of this preferred security, with no related derivative positions reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1 shares ($100)
Net Buy
1 txn
Insider
Aydt Matthias
Role
Co-Global CEO
Bought
1 shs ($100.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preferred Stock, par value $0.0001 per share | 1 | $100.00 | $100.00 |
Holdings After Transaction:
Series A Preferred Stock, par value $0.0001 per share — 1 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 1 share
Purchase price per share: $100.00
Par value per share: $0.0001
+1 more
4 metrics
Shares purchased
1 share
Series A Preferred Stock purchased by Matthias Aydt
Purchase price per share
$100.00
Cash consideration for 1 Series A Preferred share
Par value per share
$0.0001
Par value of Series A Preferred Stock
Total shares after transaction
1 share
Series A Preferred Stock held directly by Matthias Aydt
Key Terms
Series A Preferred Stock, par value, Certificate of Designation, Series A COD
4 terms
Series A Preferred Stock financial
"purchased one (1) share of Series A Preferred Stock, par value $0.0001 per share"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
par value financial
"Series A Preferred Stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Certificate of Designation regulatory
"set forth in the Certificate of Designation of Preferences, Rights and Limitations"
A certificate of designation is a formal document that spells out the specific rights and rules attached to a particular class or series of stock, usually preferred shares. Think of it as a rulebook or menu that lists dividend terms, liquidation priority, conversion or redemption rights and any special voting protections; investors use it to judge how much income, control or downside protection those shares will provide compared with other securities.
Series A COD regulatory
"the "Series A COD""
FAQ
What insider transaction did Faraday Future (FFAI) report for Matthias Aydt?
Faraday Future reported that Matthias Aydt, a director and Co-Global CEO, bought 1 share of the company’s Series A Preferred Stock. He paid cash consideration of $100.00 directly to the company in this small, disclosed investment transaction.
What security did Matthias Aydt purchase in the latest Faraday Future (FFAI) Form 4?
Matthias Aydt purchased Series A Preferred Stock, with a par value of $0.0001 per share. The Form 4 notes he acquired exactly 1 share for $100.00 in cash, and this preferred stock is governed by a specific Certificate of Designation.
How much did Matthias Aydt pay for Faraday Future (FFAI) preferred stock?
He paid cash consideration of $100.00 to acquire 1 share of Series A Preferred Stock. The transaction price disclosed is $100.0000 per share, reflecting the full amount paid for this single preferred share reported in the Form 4 filing.
Who sold the Series A Preferred Stock to Matthias Aydt in the Faraday Future (FFAI) filing?
The share was sold by Faraday Future itself. The footnote explains that on the transaction date, Aydt purchased one share of Series A Preferred Stock from the issuer, for cash consideration of $100.00, under the terms set in the Series A Certificate of Designation.