Cango (NYSE: CANG) controller details RSU and stock option awards

Rhea-AI Filing Summary

Cango Inc. Financial Controller Sienna Cen filed an initial ownership report showing a portfolio of equity awards tied to the company’s Class A ordinary shares. The filing lists restricted stock units covering 80,000 underlying Class A shares, with 25% scheduled to vest on October 31, 2026 and the remaining 75% vesting in 36 equal monthly installments starting November 30, 2026. Each restricted stock unit represents a contingent right to receive one Class A ordinary share and has no expiration date. Cen also holds several stock option grants, each with an exercise price of 0.2951 per share and expirations on April 30, 2031 or July 31, 2032, including tranches over 10,000 and 60,000 underlying Class A shares.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Cen Sienna

(Last) (First) (Middle)

3131 MCKINNEY AVENUE

(Street)

DALLAS TEXAS 75204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Cango Inc. [ CANG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Financial Controller

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(2)	Class A ordinary share	80,000	(3)	D
Stock Option (right to buy)	05/01/2023	04/30/2031	Class A ordinary share	10,000	$0.2951	D
Stock Option (right to buy)	05/01/2024	04/30/2031	Class A ordinary share	5,000	$0.2951	D
Stock Option (right to buy)	05/01/2025	04/30/2031	Class A ordinary share	5,000	$0.2951	D
Stock Option (right to buy)	08/01/2024	07/31/2032	Class A ordinary share	60,000	$0.2951	D
Stock Option (right to buy)	05/13/2025	07/31/2032	Class A ordinary share	30,000	$0.2951	D
Stock Option (right to buy)	05/14/2025	07/31/2032	Class A ordinary share	30,000	$0.2951	D

Explanation of Responses:

1. 25% of the restricted stock units shall vest on October 31, 2026, and the remaining 75% of the restricted stock units shall vest in 36 equal monthly installments, commencing November 30, 2026, on the last day of each month.

2. There is no expiration date for the restricted stock units.

3. Each restricted stock unit represents a contingent right to receive one Class A ordinary share of Cango Inc.

	/s/ Sienna Cen	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Cango (CANG) Form 3 filing by Sienna Cen show?

The Form 3 shows Sienna Cen’s initial equity holdings in Cango Inc. as an officer. It details restricted stock units over 80,000 Class A shares and multiple stock option grants with an exercise price of 0.2951 per share and long-dated expirations.

How many Cango (CANG) shares are covered by Sienna Cen’s restricted stock units?

The restricted stock units cover 80,000 underlying Class A ordinary shares of Cango Inc. These units vest over time, starting with 25% on October 31, 2026, followed by 75% vesting in 36 equal monthly installments beginning November 30, 2026.

What is the vesting schedule for Sienna Cen’s Cango (CANG) restricted stock units?

25% of the restricted stock units vest on October 31, 2026, with 75% vesting monthly thereafter. The remaining portion vests in 36 equal monthly installments starting November 30, 2026, each month’s vesting tied to service-based continuation.

Do Sienna Cen’s Cango (CANG) restricted stock units have an expiration date?

The restricted stock units reported for Sienna Cen have no expiration date. Each unit represents a contingent right to receive one Class A ordinary share of Cango Inc., subject to the stated vesting schedule and any applicable service or plan conditions.

What stock options in Cango (CANG) does Sienna Cen hold according to the Form 3?

Sienna Cen holds several stock option grants to buy Cango Class A shares at an exercise price of 0.2951. The options cover multiple tranches of underlying shares with expiration dates on April 30, 2031 and July 31, 2032, reflecting long-term equity incentives.

What does each Cango (CANG) restricted stock unit reported for Sienna Cen represent?

Each restricted stock unit represents a contingent right to receive one Class A ordinary share of Cango Inc. Delivery of the actual share depends on satisfaction of the vesting schedule and other plan terms rather than requiring any exercise price payment.