{"id":881737,"date":"2025-09-03T16:34:09","date_gmt":"2025-09-03T20:34:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/"},"modified":"2025-09-03T16:34:09","modified_gmt":"2025-09-03T20:34:09","slug":"faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/","title":{"rendered":"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li>The Company also urges all stockholders to vote FOR all proposals for the FF Special Meeting of Stockholders occurring on September 19.<\/li>\n<\/ul>\n<p align=\"left\">LOS ANGELES, Sept.  03, 2025  (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and Global Co-CEO YT Jia purchased approximately $180,000 of FF common stock on September 2, 2025, which is his second purchase of the Company\u2019s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia\u2019s purchases are scheduled to occur next week.<\/p>\n<p>As previously disclosed, Mr. Jia intends to purchase a total of approximately $560,000 worth of FF common stock (including commission fees), representing the after-tax portion of his $1.2 million signing bonus in connection with his appointment as Global Co-CEO.<\/p>\n<p>\u201cMy decision to reinvest my signing bonus into FF reflects my deep confidence in our long-term strategy and commitment to creating value for our stockholders,\u201d said Jia. \u201cI believe our Dual-Flywheel &amp; Dual-Bridge Strategy will drive transformative growth, and I want to be fully aligned with our stockholders as we execute on this vision.\u201d<\/p>\n<p>\n        <strong>Stockholder Vote Solicitation<\/strong>\n      <\/p>\n<p>The Company previously announced that it will hold a Special Meeting of Stockholders on September 19, 2025, to seek approval for proposals aimed at supporting the Company\u2019s strategic initiatives and long-term growth. Key proposals include an increase in authorized shares, a change in the Company\u2019s name, an approval of the issuance of Common Stock to holders of certain convertible notes and warrants and an amendment to the Company\u2019s Amended and Restated 2021 Stock Incentive Plan (the \u201c2021 Plan\u201d). The Company urges all stockholders to vote FOR all proposals.<\/p>\n<p>Particularly, the 2021 Plan amendment proposal would enable the Company to continue offering long-term equity incentives as a competitive alternative to cash compensation. This helps attract, motivate, and retain top talent, while driving strategic execution and delivering long-term stockholder value.<\/p>\n<p>The authorized shares under the Company\u2019s 2021 Plan currently represent only about 1.5% of the Company\u2019s outstanding common stock, which is significantly below industry levels. Therefore, at this stockholder meeting, the Company is seeking approval to add 9,500,000 shares of common stock to the equity incentive reserve. Even with this increase, the total number of shares reserved for equity incentives would represent nearly 7% of the Company\u2019s current total authorized shares, or nearly 5% of the Company\u2019s total authorized shares if the proposed share increase authorization is approved.<\/p>\n<p>\n        <strong>ABOUT FARADAY FUTURE<\/strong><br \/>\n        <br \/>Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company\u2019s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future\u2019s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2F3jOrqXSYBFqDpXI66dVQHFxcoQWxRMBK3SVoNeWKnS8hdsay6p2cWk5OUHAGas0PJJwabc3vERefsxmcfpICCN5uWEx9kjLiKVcdSgHD8=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.ff.com\/us\/<\/a><\/p>\n<p>\n        <strong>CONTACTS<\/strong>\u00a0<br \/>Investors (English): <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M1WM-OgAPXE6p1gqQdiCs-Mrac1uYRfxyWsFx6K1-wjhHjt-nl30rMvUahrZfp-kpYHlRZT_t6APkMXDiPQn4Srqm7ViDdrjRpT6gdUd8QM=\" rel=\"nofollow\" target=\"_blank\">ir@faradayfuture.com<\/a>\u00a0<br \/>Investors (Chinese): <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=j8dWMyA_0QBaGgLqdKzWDnUH8MPfgz9MkKBZHHSL1VSsk7DdH98G38NZrUMfPj4D3q4zWqG1Dxxexab7ncjNLJydTQq65A2QG2ax5Yq_XpY=\" rel=\"nofollow\" target=\"_blank\">cn-ir@faradayfuture.com<\/a>\u00a0<br \/>Media: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aI9pLfTuVcTqtfbRwCwjyATHlEDeg_8dfNsVrcf4WLYhHdmD7QuFLpg0Nzx_Uko_LbSYfYiGgoaYOM2ORmiCyPesgpk4HIhwNKBspvix6e8=\" rel=\"nofollow\" target=\"_blank\">john.schilling@ff.com<\/a>\u00a0<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2F3jOrqXSYBFqDpXI66dVaUeCLzJScT9_cZcxXGHuQiCYvBMs9ZeUrfWA9Hx0KrlQXI9kIqdWSY7ndnZUZeGZv9yQmRCA1onMNfm8ESLDoh6IlHJGalJKI7fTg3npDDIxIGitZLtUgCdIFB2AYDDVNQPtx8HZiuJLYHq422rdRzgUK1ZsyzmsCs4PG0rdgvmjXLMIPkYnUXCh4WDIZDicyrcI_UC5c4wxfMIrxa-qjBN6VCv98ak5i1zE5BxpMdCdUrby45ZnDyCKEY2ft-tyw==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/41723857-ac4e-4594-8d5c-d3fdc336d0c4<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjg4NCM3MTI5MTA0IzIyMTAwNjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/M2E4YTg5OGEtYmUwNC00NGYxLThiNjgtMGZiYzg1ODJlN2ZiLTEyMjE2MjAtMjAyNS0wOS0wMy1lbg==\/tiny\/Faraday-Future-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Company also urges all stockholders to vote FOR all proposals for the FF Special Meeting of Stockholders occurring on September 19. LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and Global Co-CEO YT Jia purchased approximately $180,000 of FF common stock on September 2, 2025, which is his second purchase of the Company\u2019s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia\u2019s purchases are scheduled to occur next week. As previously disclosed, Mr. Jia intends to purchase a total of approximately $560,000 worth of FF common &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-881737","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Company also urges all stockholders to vote FOR all proposals for the FF Special Meeting of Stockholders occurring on September 19. LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and Global Co-CEO YT Jia purchased approximately $180,000 of FF common stock on September 2, 2025, which is his second purchase of the Company\u2019s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia\u2019s purchases are scheduled to occur next week. As previously disclosed, Mr. Jia intends to purchase a total of approximately $560,000 worth of FF common &hellip; Continue reading &quot;Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-03T20:34:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjg4NCM3MTI5MTA0IzIyMTAwNjc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy\",\"datePublished\":\"2025-09-03T20:34:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/\"},\"wordCount\":557,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTUyMjg4NCM3MTI5MTA0IzIyMTAwNjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\\\/\",\"name\":\"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/","og_locale":"en_US","og_type":"article","og_title":"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy - Market Newsdesk","og_description":"The Company also urges all stockholders to vote FOR all proposals for the FF Special Meeting of Stockholders occurring on September 19. LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and Global Co-CEO YT Jia purchased approximately $180,000 of FF common stock on September 2, 2025, which is his second purchase of the Company\u2019s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia\u2019s purchases are scheduled to occur next week. As previously disclosed, Mr. Jia intends to purchase a total of approximately $560,000 worth of FF common &hellip; Continue reading \"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/","og_site_name":"Market Newsdesk","article_published_time":"2025-09-03T20:34:09+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjg4NCM3MTI5MTA0IzIyMTAwNjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy","datePublished":"2025-09-03T20:34:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/"},"wordCount":557,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjg4NCM3MTI5MTA0IzIyMTAwNjc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock-purchase-under-10b5-1-plan-underscoring-confidence-in-the-companys-long-term-strategy\/","name":"Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company\u2019s Long-Term Strategy - 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