Pony AI (PONY) CFO Wang Haojun reports initial equity holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Pony AI Inc. Chief Financial Officer Wang Haojun filed an initial ownership report showing his equity stake in the company. The filing lists direct holdings of 1,405,113 Class A ordinary shares, plus several blocks of restricted stock units that convert into Class A ordinary shares as they vest.
The derivative positions include RSUs tied to 5,134, 76,667 and 269,168 underlying Class A ordinary shares. Each RSU represents the right to receive one Class A ordinary share upon vesting under multi-year quarterly vesting schedules with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wang Haojun
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,134 shares (Direct);
Class A Ordinary Shares — 1,405,113 shares (Direct)
Footnotes (1)
- Restricted stock units (RSU) were granted on May 15, 2023. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of April 1, 2023, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter. RSU were granted on December 10, 2023. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of November 1, 2023, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter. RSU were granted on December 4, 2024. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of October 31, 2024, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter. This grant does not have an expiration date. Each restricted stock unit represents the right to receive, upon vesting, one Class A ordinary share.
FAQ
What does Pony AI (PONY) CFO Wang Haojun’s Form 3 filing show?
The Form 3 filing shows Wang Haojun’s initial ownership in Pony AI, including 1,405,113 directly held Class A ordinary shares and multiple restricted stock unit awards that convert into Class A shares as they vest under defined schedules.
What restricted stock units does the Pony AI (PONY) CFO report?
The CFO reports restricted stock units linked to 5,134, 76,667 and 269,168 underlying Class A ordinary shares. Each RSU converts into one Class A share when vested, providing a significant portion of his equity-based compensation over time.
How do Pony AI (PONY) CFO RSUs vest according to the filing?
Each RSU grant vests 25% on the first anniversary of a specified start date, with the remaining 75% vesting in equal 6.25% installments each quarter-end. This structure provides gradual share delivery over multiple years, aligning compensation with ongoing service.
Do the Pony AI (PONY) CFO’s RSU grants have expiration dates?
The filing states that one RSU grant does not have an expiration date. Instead, the awards deliver Pony AI Class A ordinary shares according to stated time-based vesting schedules, rather than expiring on a fixed future date like traditional stock options.