FF initiates a collective share purchase plan for executives and employees.
On March 18, Faraday Future announced the launch of an executive and employee stock purchase plan. According to the plan, some executives and employees will participate in this stock purchase arrangement based on deferred portions of their compensation. Under the plan, some executives and employees will defer a portion of their basic salary from March 1, 2026 to May 31, 2026, with an expected after-tax amount of approximately $500,000, to be used for this stock purchase arrangement. After completing the relevant share repurchase, the company plans to transfer the repurchased shares to executives and employees participating in this stock purchase plan to fulfill the deferred compensation arrangement, with specific details to be executed in accordance with the applicable compensation plan terms.
Latest
4 m ago

