NIO director Yonggang Wen receives 78,003 shares

The vesting converted 78,003 restricted share units into ADSs, while 78,004 restricted share units remain scheduled to vest on November 6, 2027.

Available on EDGAR 11/06/2026 - 04:04 PM EST Accepted by SEC EDGAR 11/06/2026 - 04:03 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

NIO Inc. director Yonggang Wen reported that 78,003 restricted share units vested on November 6, 2026, with 78,003 American depositary shares (ADSs) acquired. After the transaction, his reported direct holdings were 198,003 ADSs and 78,004 restricted share units. The remaining restricted share units are scheduled to vest on November 6, 2027. Each ADS represents one Class A ordinary share.

Insider Trade Summary

78,003 shares exercised/converted

Exercise 2 txns

Insider Wen Yonggang

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted share units F2, F3	78,003	$0.00	$0.00
Exercise	American depositary shares F1	78,003	$0.00	$0.00

Holdings After Transaction: Restricted share units — 78,004 contracts (Direct); American depositary shares — 198,003 shares (Direct)

Footnotes (3)

1. F1. Each American depositary share represents one Class A ordinary share.
2. F2. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting.
3. F3. 78,003 restricted share units vested on November 6, 2026 and the remaining 78,004 restricted share units shall vest on November 6, 2027. The restricted share units do not have expiration dates.

Key Figures

Restricted share units vested: 78,003 units American depositary shares acquired: 78,003 ADSs American depositary shares following transaction: 198,003 ADSs +1 more

4 metrics

Restricted share units vested 78,003 units November 6, 2026

American depositary shares acquired 78,003 ADSs November 6, 2026

American depositary shares following transaction 198,003 ADSs Reported direct holdings

Restricted share units following transaction 78,004 units Scheduled to vest on November 6, 2027

Key Terms

Restricted share units, American depositary shares, vesting

3 terms

Restricted share units technical

"The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting."

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 technical

"Each American depositary share represents one Class A ordinary share."

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.

vesting technical

"upon vesting"

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.

FAQ

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

How many NIO shares did director Yonggang Wen receive?

Director Yonggang Wen received 78,003 American depositary shares on November 6, 2026. Each ADS represents one Class A ordinary share.

How many NIO restricted share units does Yonggang Wen still hold?

After the transaction, Yonggang Wen had 78,004 restricted share units, scheduled to vest on November 6, 2027.

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

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SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wen Yonggang

(Last) (First) (Middle)

N4-02C-95, NANYANG AVENUE

(Street)

SINGAPORE 639798

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
NIO Inc. [ NIO ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American depositary shares(1)	11/06/2026		M		78,003	A	$0	198,003	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted share units	(2)	11/06/2026		M			78,003	(3)	(3)	Class A ordinary shares	78,003	$0	78,004	D

Explanation of Responses:

1. Each American depositary share represents one Class A ordinary share.

2. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting.

3. 78,003 restricted share units vested on November 6, 2026 and the remaining 78,004 restricted share units shall vest on November 6, 2027. The restricted share units do not have expiration dates.

	/s/ Eve Tang, Attorney-in-Fact for Yonggang Wen	11/06/2026
	** 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 4 (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 4: SEC 1474 (03-26)