Faraday Future Executives Make Stock Purchases Under 10b5-1 Plans

Faraday Future's Founder and Co-CEO YT Jia and Global President Jerry Wang have executed stock purchases under 10b5-1 plans, reaffirming their "Stockholder First" commitment. Additional share purchases by FF leadership are planned under existing plans. The company recently launched its "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy, unveiling the "C10 Treasury" and the "C10 Index".

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), a California-based global shared intelligent electric mobility ecosystem company, has seen significant moves from its leadership. Founder and Co-CEO YT Jia and Global President Jerry Wang have executed stock purchases under 10b5-1 plans, reaffirming their commitment to "Stockholder First." These purchases are part of existing plans and follow the company's recent launch of the "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy [1].

The new strategy, unveiled on August 20, 2025, integrates AI, crypto, and Web3 technologies to create a transformative ecosystem. The strategy includes the launch of the C10 Treasury and the C10 Index, which are designed to accumulate and compound the world's top 10 crypto assets (excluding stablecoins) [1].

The C10 Treasury adopts an 80% passive + 20% active portfolio allocation model, aiming to provide sustainable returns for funding product innovation, potential stock buybacks, and further asset growth. The initial phase of the strategy targets up to $500M–$1B in crypto coin purchases, with the first tranche of $30M to be initiated as early as next week, subject to securing necessary funding [1].

The C10 Index, a market-cap-weighted basket of the world's top 10 crypto assets, is calculated from midnight Pacific Time on August 16, 2025, with a base value of 1,000. The Index will be tracked in real-time on FF.com and the FF App [1].

Faraday Future's Dual-Bridge Strategy positions the company as one of the first U.S.-listed public companies directly connecting real-world business operations with on-chain assets. Plans are underway to launch the EAI Vehicle Chain, enabling tokenized vehicle sales, crypto-based deposits, and Web3-native user engagement [1].

The company's crypto and EV businesses are planned to be operated under separate legal and financial structures to promote risk isolation, operational independence, and asset transparency. Digital assets will be held by third-party custodians and will be fully verifiable on-chain [1].

References:
[1] https://decrypt.co/335963/faraday-future-launches-eai-crypto-strategy-with-c10-index-and-c10-treasury