Faraday Future Intelligent Electric Inc. Executive Chairman Wang Jiawei filed a Form 4 on November 6, 2026, disclosing the purchase of one share of Series A Preferred Stock from the issuer on November 5, 2026, for $100.00 in cash.

Key Highlights

  • Reporting person: Wang Jiawei, Executive Chairman and Director of Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI)
  • Transaction: Purchase (transaction code P) of 1 share of Series A Preferred Stock, par value $0.0001 per share, on November 5, 2026
  • Price paid: $100.00 per share, in cash, acquired directly from the issuer
  • Resulting ownership: 1 share of Series A Preferred Stock held directly following the transaction
  • Governing terms: The Preferred Stock carries rights set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock filed with the Delaware Secretary of State

Wang Jiawei's Series A Preferred Stock Purchase at Faraday Future

According to the Form 4 filed with the SEC on November 6, 2026, Wang Jiawei, who serves as both Executive Chairman and Director of Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI), reported acquiring one share of the company's Series A Preferred Stock. The transaction was dated November 5, 2026, with the date of earliest transaction listed as November 4, 2026 in the filing header. The share was purchased directly from the issuer for cash consideration of $100.00.

The filing states that the Preferred Stock carries "the rights, preferences, privileges and restrictions set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock filed by the Issuer with the Secretary of State of the State of Delaware." Following the reported transaction, Wang Jiawei beneficially owns 1 share of Series A Preferred Stock on a direct basis. No derivative securities were reported in Table II of the filing.

The filing was made by one reporting person and is not indicated as an amendment to a prior Form 4. No Rule 10b5-1(c) plan box was checked in connection with this transaction.

What Was Disclosed

Wang Jiawei, Executive Chairman and Director of Faraday Future Intelligent Electric Inc., disclosed a purchase of 1 share of Series A Preferred Stock from the issuer on November 5, 2026, at $100.00, resulting in direct beneficial ownership of 1 such share.