Faraday Future co-CEO YT Jia purchases $180,000 of common stock

Faraday Future (FFAI) announced that founder and co-CEO YT Jia purchased approximately $180,000 of common stock on September 2, which is his second purchase of the company’s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia’s purchases are scheduled to occur next week. As previously disclosed, Jia intends to purchase a total of approximately $560,000 worth of FF common stock, representing the after-tax portion of his $1.2M signing bonus in connection with his appointment as global co-CEO.