Hesai Group director and Chief Scientist Sun Kai has filed an initial ownership report showing a large indirect equity position in the company. The filing lists indirect ownership of 9,228,622 Class A ordinary shares held through Fermat Star Limited, establishing his reported stake at the time of this Form 3.
Hesai Group director Ren Jia has filed an initial ownership report detailing restricted share units (RSUs). These RSUs give a contingent right to receive Class B ordinary shares when they vest. According to the disclosure, the awards vest in three tranches on November 11, 2026, September 8, 2027, and September 7, 2028, and do not have expiration dates.
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.
Hesai Group director and Chief Executive Officer Li Yifan filed an initial statement of beneficial ownership of the company’s equity securities. The filing reports indirect ownership of 8,879,636 Class A ordinary shares held through ALBJ Limited, reflecting Li’s existing stake rather than a new share purchase or sale.
Hesai Group director Zhang Yi has reported his initial equity holdings. The filing shows direct holdings of 16,479 American depositary shares, with each ADS representing one Class B ordinary share. He also holds restricted share units representing 5,953 Class B ordinary shares.
The restricted share units were granted under Hesai Group’s share incentive plan and will vest on February 7, 2027, providing a contingent right to receive Class B ordinary shares upon vesting. This Form 3 is an initial statement of beneficial ownership rather than a new market transaction.
Hesai Group director Wang Hui (Jasmine) has filed an initial Form 3, which is a statement of beneficial ownership for company insiders. The filing lists her status as a director and reports no share transactions or derivative positions at this time.
Hesai Group director and Chief Technology Officer Xiang Shaoqing filed an initial ownership report showing indirect holdings through Galbadia Limited. The filing lists 165,031 American depositary shares, each representing one Class B ordinary share, and 8,890,603 Class A ordinary shares. These positions reflect existing ownership rather than new buying or selling activity.
Hesai Group director and Vice President of Operations Yang Cailian filed an initial Form 3 reporting existing equity interests in the company. The filing shows direct holdings of options over 181,042 Class B ordinary shares at an exercise price of $2.10 per share expiring on July 3, 2028, along with additional option grants at exercise prices of $3.30, $1.63, and $0.90 per share with expirations extending to November 18, 2031. It also discloses restricted share units that vest annually from December 1, 2026 through December 1, 2029, each representing a contingent right to receive Class B ordinary shares upon vesting, and direct ownership of 122,632 American depositary shares, each representing one Class B ordinary share. The Form 3 does not reflect new market purchases or sales but establishes Yang’s baseline ownership position.