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ScanTech AI Systems Inc. Director's Dealing 2025

May 8, 2025

34939_dirs_2025-05-08_88561074-8072-42e2-b86a-63dc0e76412c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ScanTech AI Systems Inc. (STAI)
CIK: 0001994624
Period of Report: 2025-02-18

Reporting Person: SEAPORT GLOBAL ASSET MANAGEMENT LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-18 Common Stock, par value $0.0001 per share C 303951 $9.87 Acquired 5858743 Indirect
2025-02-18 Common Stock, par value $0.0001 per share J 2249230 Acquired 8107973 Indirect
2025-04-02 Common Stock, par value $0.0001 per share X 3000000 $0.01 Acquired 11107973 Indirect
2025-04-02 Common Stock, par value $0.0001 per share J 200000 Acquired 11307973 Indirect
2025-04-17 Common Stock, par value $0.0001 per share J 5350000 Acquired 16657973 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-18 Convertible Promissory Note $0.00 C 1000000 Disposed Common Stock (303951) Indirect
2025-02-18 Warrant (right to buy) $0.01 J 3000000 Acquired 2026-02-18 Common Stock (3000000) Indirect
2025-04-02 Warrant (right to buy) $0.01 X 3000000 Disposed 2026-02-18 Common Stock (3000000) Indirect

Footnotes

F1: Shares held directly by Seaport Group SIBS LLC ("SIBS"). SIBS is managed by Seaport Global Asset Management LLC ("SGAM").

F2: Represents shares of Common Stock of ScanTech AI Systems Inc. (the "Issuer") received by SIBS in settlement of debts previously contracted.

F3: Received in exchange for the forfeit by SIBS of shares of ScanTech Identification Beams Systems, LLC ("ScanTech") held by SIBS in connection with ScanTech's business combination.