Hesai Group (HSAI) CFO Fan Peng details RSUs, options and ADS stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Hesai Group Chief Financial Officer Fan Peng filed an initial ownership report outlining existing equity interests in the company. The filing lists restricted share units that give a contingent right to receive Class B ordinary shares, vesting between September 19, 2026 and December 1, 2029 under the issuer's share incentive plan. It also shows options to buy Class B ordinary shares at an exercise price of $0.9000 per share, expiring on November 18, 2031, with portions vesting monthly from April 1, 2026 through January 1, 2029. In addition, Fan Peng holds 48,000 American depositary shares, each representing one Class B ordinary share, and 1,600 Class B ordinary shares directly. The report reflects holdings only and does not show any buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Fan Peng
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Restricted share units — 50,000 shares (Direct);
Options (right to buy) — 10,000 shares (Direct);
American depositary shares — 48,000 shares (Direct);
Class B ordinary shares — 1,600 shares (Direct)
Footnotes (1)
- Each American depositary share represents one Class B ordinary share. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2029 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting. Option to purchase 1,732 Class B ordinary shares has vested as of the date of this filing, and the remaining option will vest on a monthly basis since April 1, 2026, with 286 Class B ordinary shares vesting each month until December 1, 2028 and 298 Class B ordinary shares vesting on January 1, 2029.
FAQ
What does Hesai Group (HSAI) CFO Fan Peng report in this Form 3?
Fan Peng reports his existing equity holdings in Hesai Group, including restricted share units, stock options, American depositary shares, and Class B ordinary shares. The Form 3 records ownership positions only and does not reflect any recent purchase or sale transactions.
What stock options are disclosed for Hesai Group CFO Fan Peng?
The filing shows options to purchase Class B ordinary shares at an exercise price of $0.9000 per share, expiring November 18, 2031. One tranche of 1,732 shares has vested, with additional shares vesting monthly from April 1, 2026 through January 1, 2029, according to the vesting schedule.
Does this Hesai Group Form 3 show any insider buying or selling?
No, the Form 3 does not show insider buying or selling. It classifies all entries as holdings, with unknown transaction codes and no buy or sell transactions recorded. The document serves as an initial disclosure of existing equity positions held by the CFO.