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EHang (NASDAQ: EH) director discloses 755,100 shares and 566K RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

EHang Holdings Ltd director Li Haiyan filed an initial ownership report showing indirect control of 755,100 Class A Ordinary Shares. These shares are held through RedChip Strategy Limited, a Hong Kong company wholly owned by Li. The position includes 566,325 restricted share units that vest over three years, and the shares may be represented by American Depositary Shares, with each ADS equal to two Class A Ordinary Shares.

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Insider Li Haiyan
Role Director
Type Security Shares Price Value
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 755,100 shares (Indirect, Shares are held by RedChip Strategy Limited, a Hong Kong company that is wholly owned by the RO)
Footnotes (1)
  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. Includes 566,325 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer upon settlement. All RSUs will vest in three years subject to the Reporting Person's continued service to the Issuer on each such vesting date.
Indirect share ownership 755,100 Class A Ordinary Shares Total shares reported following the holding entry
Restricted share units 566,325 RSUs RSUs included in the reported holdings, vesting over three years
ADS to share ratio 1 ADS = 2 Class A Ordinary Shares Representation of Class A Ordinary Shares by American Depositary Shares
American Depositary Shares financial
"The Class A Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs")."
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.
restricted share units financial
"Includes 566,325 restricted share units (the "RSUs")."
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.
contingent right financial
"Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer upon settlement."
indirect ownership financial
"ownership_type: "indirect", ownership_code: "I""
vesting financial
"All RSUs will vest in three years subject to the Reporting Person's continued service"
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.
Understanding Insider Trading Forms →
SEC Form 3
FORM 3UNITED 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*
Li Haiyan
(Last)(First)(Middle)
C/O EHANG HOLDINGS LTD, EHANG FUTURE
CITY, NO. 118 DONGJIANG AVENUE
(Street)
HUANGPU DISTRICT, GUANGZHOUCHINA510730
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)755,100(2)IShares are held by RedChip Strategy Limited, a Hong Kong company that is wholly owned by the RO
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 ExercisableExpiration DateTitleAmount or Number of Shares
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 566,325 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer upon settlement. All RSUs will vest in three years subject to the Reporting Person's continued service to the Issuer on each such vesting date.
/s/ Haiyan Li04/01/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider ownership did Li Haiyan report in EHang (EH) on Form 3?

Li Haiyan reported indirect ownership of 755,100 Class A Ordinary Shares of EHang. The shares are held through RedChip Strategy Limited, a Hong Kong company wholly owned by Li, reflecting the director’s existing equity stake in the business.

How are Li Haiyan’s EHang (EH) shares held according to the Form 3 filing?

The filing states that the shares are held indirectly through RedChip Strategy Limited, a Hong Kong company wholly owned by Li Haiyan. This means the reporting person’s ownership is through a controlled entity rather than directly in their own name.

How many restricted share units does Li Haiyan hold in EHang (EH)?

Li Haiyan’s reported holdings include 566,325 restricted share units (RSUs). Each RSU represents a contingent right to receive one Class A Ordinary Share, subject to vesting conditions tied to continued service with EHang over a three-year period.

What is the vesting schedule for Li Haiyan’s RSUs in EHang (EH)?

All 566,325 RSUs will vest over three years, provided Li Haiyan continues to serve EHang on each vesting date. Upon vesting and settlement, each RSU converts into one Class A Ordinary Share of the company.

How do EHang (EH) American Depositary Shares relate to Class A Ordinary Shares?

The filing explains that EHang’s Class A Ordinary Shares may be represented by ADSs. Each American Depositary Share represents two Class A Ordinary Shares, giving investors a clear ratio between ADSs and the underlying ordinary shares.

Is Li Haiyan’s ownership in EHang (EH) direct or indirect?

The Form 3 identifies the holdings as indirect ownership. The Class A Ordinary Shares, including RSUs, are held by RedChip Strategy Limited, which is wholly owned by Li Haiyan, rather than being registered directly in Li’s personal name.