According to the U.S. Securities and Exchange Commission (SEC) Form 4 filing you provided, Faraday Future (FFAI.US) experienced an automatic redemption of its Series A preferred shares on February 13, 2026.

Specifically, the filing was submitted by Matthias Aydt, the company's Co-Global CEO and Director. It discloses that on February 13, 2026, in accordance with the terms of the Series A preferred stock designation certificate, the company automatically redeemed the shares of this class held by Matthias Aydt.

Transaction details are as follows:

Security Type: Series A Preferred Stock, par value $0.0001 per share.

Transaction Date: February 13, 2026.

Nature of Transaction: Automatically redeemed by the company.

Number of Shares and Amount Involved: The number of shares redeemed from Matthias Aydt was 100, at a transaction price of $100 per share.

Analysis and Interpretation:

Nature of Transaction: This is a "Redemption" by the company, not an active buy or sell by the executive in the open market. This means the company used its funds to repurchase shares from the shareholder based on pre-agreed terms (such as price and conditions). The filing clearly states this redemption was executed automatically per the preferred stock certificate terms.

Financial Impact: For the company, redeeming preferred shares means an outflow of cash ($10,000 in this case) and a reduction in the number of outstanding preferred shares. This is typically viewed as an adjustment to the company's capital structure. For the executive Matthias Aydt whose shares were redeemed, his asset in this class of preferred stock was converted to cash.

Disclosure Requirement: As a company executive (Director and Officer), changes in Matthias Aydt's shareholdings, even if initiated by the company through redemption, must be promptly disclosed to the SEC and the public via Form 4 filings to ensure transparency.

Summary:

On February 13, 2026, Faraday Future automatically redeemed 100 shares of Series A preferred stock held by executive Matthias Aydt, with a total consideration of $10,000, in accordance with the relevant terms. This constitutes a capital operation at the company level and has been disclosed compliantly through SEC filings.

Disclaimer: PortAI is not a licensed investment advisor. The above content is based on a factual review and interpretation of publicly available SEC regulatory filings and does not constitute any investment advice or trading recommendation.

$Faraday Future.US

Based on the redemption amount and terms, how should I adjust my FFAI position in the short to medium term? How does the automatic redemption specifically impact FFAI's capital structure? Does the CEO's share redemption affect management incentives and stability? What is the trend for preferred stock market pricing and liquidity following the redemption event?