EHang CFO discloses 2.6M-share stake on Form 3

EHang Holdings Ltd director and chief financial officer Yang Conor Chia-hung filed an initial statement of beneficial ownership.

Rhea-AI Filing Summary

EHang Holdings Ltd director and chief financial officer Yang Conor Chia-hung filed an initial statement of beneficial ownership. The filing shows direct holdings of 2,575,000 Class A Ordinary Shares, including 1,600,000 restricted share units that vest over two to four years. It also lists a share option to acquire 200,000 Class A Ordinary Shares at an exercise price of $0.0001 per share, expiring on December 31, 2034. The company notes that each American Depositary Share represents two Class A Ordinary Shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Yang Conor Chia-hung

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
holding	Share Option (right to buy)	--	--	--
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Share Option (right to buy) — 200,000 contracts (Direct); Class A Ordinary Shares — 2,575,000 shares (Direct)

Footnotes (3)

1. F1. The Class A Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two Class A Ordinary Shares.
2. F2. Includes 1,600,000 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer upon settlement. 1,250,000 RSUs will vest in two years; 150,000 RSUs will vest in three years and 200,000 RSUs will vest in four years, in each case subject to the Reporting Person's continued service to the Issuer on each such vesting date.
3. F3. Options will vest in two years subject to Reporting Person's continued service to the Issuer on each vesting date.

Key Figures

Direct Class A Ordinary Shares: 2,575,000 shares Restricted share units: 1,600,000 RSUs RSUs vesting in two years: 1,250,000 RSUs +5 more

8 metrics

Direct Class A Ordinary Shares 2,575,000 shares Total direct holdings following reported positions

Restricted share units 1,600,000 RSUs Each RSU represents one Class A Ordinary Share

RSUs vesting in two years 1,250,000 RSUs Vest in two years, subject to continued service

RSUs vesting in three years 150,000 RSUs Vest in three years, subject to continued service

RSUs vesting in four years 200,000 RSUs Vest in four years, subject to continued service

Share option underlying shares 200,000 shares Underlying Class A Ordinary Shares for option

Option exercise price <money>$0.0001</money> per share Exercise price of share option

ADS to share ratio 2 Class A shares per ADS Each ADS represents two Class A Ordinary Shares

Key Terms

Restricted share units, American Depositary Shares, Share Option (right to buy), vesting, +1 more

5 terms

Restricted share units financial

"Includes 1,600,000 restricted share units (the "RSUs"). Each RSU represents..."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

American Depositary Shares financial

"The Class A Ordinary Shares of the Issuer may be represented by American Depositary Shares..."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Share Option (right to buy) financial

"security_title": "Share Option (right to buy)""

vesting financial

"1,250,000 RSUs will vest in two years; 150,000 RSUs will vest in three years..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

exercise price financial

"exercisePrice": "0.0001""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does EHang Holdings (EH) Form 3 filing show for Yang Conor Chia-hung?

The Form 3 shows Yang Conor Chia-hung’s initial beneficial ownership. He directly holds 2,575,000 Class A Ordinary Shares, including 1,600,000 restricted share units that vest over several years, plus a share option for 200,000 additional shares at a nominal exercise price.

How many EHang (EH) restricted share units does the CFO hold and when do they vest?

The CFO holds 1,600,000 restricted share units. Of these, 1,250,000 vest in two years, 150,000 vest in three years, and 200,000 vest in four years, all subject to his continued service with EHang Holdings on each vesting date.

What are the terms of the EHang (EH) share options held by the CFO?

The filing lists a share option over 200,000 Class A Ordinary Shares with an exercise price of $0.0001 per share. These options will vest in two years, subject to continued service, and expire on December 31, 2034, indicating a long-dated equity incentive.

How many EHang (EH) Class A Ordinary Shares does the CFO directly own?

Yang Conor Chia-hung is reported to directly own 2,575,000 Class A Ordinary Shares. This figure includes 1,600,000 restricted share units that convert into shares upon vesting, reflecting both current and contingent equity interests in EHang Holdings.

How are EHang (EH) American Depositary Shares related to Class A Ordinary Shares?

The filing explains that each American Depositary Share represents two Class A Ordinary Shares. This means ADS investors effectively hold exposure to twice as many underlying Class A Ordinary Shares as the number of ADSs they own in EHang Holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/01/2026 - 08:44 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Yang Conor Chia-hung

(Last) (First) (Middle)

C/O EHANG HOLDINGS LTD, EHANG FUTURE

CITY, NO. 118 DONGJIANG AVENUE

(Street)

HUANGPU DISTRICT, GUANGZHOU CHINA 510730

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026

3. Issuer Name and Ticker or Trading Symbol
EHang Holdings Ltd [ EH ]

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

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)
Class A Ordinary Shares(1)	2,575,000(2)	D

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
Share Option (right to buy)(3)	(3)	12/31/2034	Class A Ordinary Shares	200,000	$0.0001	D

Explanation of Responses:

1. The Class A Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two Class A Ordinary Shares.

2. Includes 1,600,000 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer upon settlement. 1,250,000 RSUs will vest in two years; 150,000 RSUs will vest in three years and 200,000 RSUs will vest in four years, in each case subject to the Reporting Person's continued service to the Issuer on each such vesting date.

3. Options will vest in two years subject to Reporting Person's continued service to the Issuer on each vesting date.

	/s/ Conor CHIA-HUNG Yang	04/01/2026
	** 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)