Faraday Future announced that its global CEO, Matthias Aydt, and founder and chief product and user ecosystem officer of FF, YT Jia, purchased shares of the company’s Class A common stock in September, in an aggregate amount of 10,455 shares for $35,799. These stock purchases were made pursuant to the previously disclosed salary deduction and stock purchase agreements. Aydt and Jia each have notified the company that he intends to use a portion of his base salary to purchase shares of the company’s Class A common stock pursuant to the previously disclosed salary deduction and stock purchase agreements over the three-month period of September through November. Executives may choose, during an open trading window, to extend their share purchase commitment. The shares are restricted from resale for 180 days.
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