NIO (NIO) director Wu Hai details options, RSUs and ADS stake

Rhea-AI Filing Summary

NIO Inc. director Wu Hai (Hector) filed an initial statement of beneficial ownership, outlining his equity position in the company. He holds options over 250,000 Class A ordinary shares with an exercise price of $3.6100 per share, expiring on December 31, 2030. He also holds restricted share units representing 85,803 Class A ordinary shares that vest on November 6, 2026 and a further 85,804 restricted share units that vest on November 6, 2027. In addition, he owns 150,000 American depositary shares, with each ADS representing one Class A ordinary share.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Wu Hai (Hector)

Role Director

Type	Security	Shares	Price	Value
holding	Options (right to buy)	--	--	--
holding	Restricted share units	--	--	--
holding	Restricted share units	--	--	--
holding	American depositary shares	--	--	--

Holdings After Transaction: Options (right to buy) — 250,000 shares (Direct); Restricted share units — 85,803 shares (Direct); American depositary shares — 150,000 shares (Direct)

Footnotes (1)

1. Each American depositary share represents one Class A ordinary share. Represents options granted to the reporting person pursuant to the issuer's share incentive plans, all of which have vested as of the date of this Form 3. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plans, which do not have expiration dates. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting, and will vest on 11/06/2026. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plans, which do not have expiration dates. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting, and will vest on 11/06/2027.

Understanding Insider Trading Forms →

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

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1. Name and Address of Reporting Person^*

Wu Hai (Hector)

(Last) (First) (Middle)

NO. 53, GAOYOU ROAD, XUHUI DISTRICT

(Street)

SHANGHAI 200031

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

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

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
	Officer (give title below)		Other (specify below)

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)
American depositary shares(1)	150,000	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
Options (right to buy)	(2)	12/31/2030	Class A ordinary shares	250,000	$3.61	D
Restricted share units	(3)	(3)	Class A ordinary shares	85,803	(3)	D
Restricted share units	(4)	(4)	Class A ordinary shares	85,804	(4)	D

Explanation of Responses:

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

2. Represents options granted to the reporting person pursuant to the issuer's share incentive plans, all of which have vested as of the date of this Form 3.

3. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plans, which do not have expiration dates. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting, and will vest on 11/06/2026.

4. Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plans, which do not have expiration dates. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting, and will vest on 11/06/2027.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Eve Tang, Attorney-in-Fact for Hai (Hector) Wu	03/18/2026
	** 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)

FAQ

What does NIO (NIO) director Wu Hai report on this Form 3?

Wu Hai reports his initial beneficial ownership in NIO Inc., including options, restricted share units, and American depositary shares. This Form 3 establishes his starting equity position as a director, rather than recording new share purchases or sales.

How many NIO shares are covered by Wu Hai’s options and at what price?

Wu Hai holds options over 250,000 NIO Class A ordinary shares with an exercise price of $3.6100 per share. These options were granted under NIO’s share incentive plans and are fully vested as of this Form 3 filing date.

What restricted share units does Wu Hai hold in NIO (NIO)?

He holds two RSU awards: 85,803 restricted share units vesting on November 6, 2026, and 85,804 restricted share units vesting on November 6, 2027. Each RSU represents a contingent right to receive one Class A ordinary share upon vesting.

When do Wu Hai’s NIO restricted share units vest?

One RSU grant vests on November 6, 2026, and the second vests on November 6, 2027. Vesting means the units convert into Class A ordinary shares under NIO’s share incentive plans when the specified dates are reached.

How many NIO American depositary shares does Wu Hai own?

Wu Hai directly owns 150,000 American depositary shares of NIO Inc. According to the filing, each American depositary share represents one Class A ordinary share, aligning his ADS holdings one-for-one with the underlying ordinary shares.

Does this NIO (NIO) Form 3 show insider buying or selling by Wu Hai?

No. The Form 3 lists Wu Hai’s existing holdings, not new transactions. It discloses his starting ownership in options, restricted share units, and American depositary shares as he serves as a director of NIO Inc.