Pony AI (PONY) VP vests RSUs, sells 17,347 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pony AI Inc. Vice President Zhang Ning reported routine equity compensation activity. On June 25, 2026, restricted stock units (RSUs) vested and settled into a total of 34,917 Class A ordinary shares, consistent with the company’s multi-year RSU vesting schedules.
On June 26, 2026, Zhang sold 17,347 Class A ordinary shares at an average price of $6.8596 per share pursuant to a mandatory non-discretionary sell-to-cover arrangement to satisfy income tax liabilities from the RSU vesting. Following these transactions, Zhang directly holds 630,109 Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,347 shares ($118,993)
Net Sell
9 txns
Insider
ZHANG NING
Role
Vice President
Sold
17,347 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 17,347 | $6.8596 | $119K |
| Exercise | Restricted Stock Units | 3,667 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,250 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 20,000 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 3,667 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 1,250 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 10,000 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 20,000 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 630,109 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units (RSUs) that vested and settled into Class A ordinary shares. Represents the number of shares sold by the Reporting Person pursuant to a mandatory non-discretionary sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of previously reported restricted stock units. Each RSU represents the right to receive, upon vesting, one Class A ordinary share. This RSU award was granted on May 28, 2021. The vesting schedules are 20% of the total RSU granted shall vest on the first anniversary of April 1, 2021, and the remaining 80% of the total RSU granted are scheduled to vest equally with 5% at the 25th day of the last month of each quarter thereafter. This RSU award was 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. This RSU award was 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. This RSU award was 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.
Key Figures
Shares sold: 17,347 shares
Sale price: $6.8596 per share
RSUs vested: 34,917 units
+2 more
5 metrics
Shares sold
17,347 shares
Open-market sale on June 26, 2026 at $6.8596
Sale price
$6.8596 per share
Average price for 17,347 shares sold June 26, 2026
RSUs vested
34,917 units
RSUs that vested and settled into Class A shares on June 25, 2026
Post-transaction holdings
630,109 shares
Class A ordinary shares held directly after reported transactions
Exercise price for RSUs
$0.00
Conversion or exercise price per RSU into Class A shares
Key Terms
restricted stock units (RSUs), sell-to-cover arrangement, vesting schedules, Class A ordinary shares
4 terms
restricted stock units (RSUs) financial
"Reflects restricted stock units (RSUs) that vested and settled into Class A ordinary shares."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
sell-to-cover arrangement financial
"pursuant to a mandatory non-discretionary sell-to-cover arrangement for the purpose of satisfying income tax liabilities"
vesting schedules financial
"The vesting schedules are 20% of the total RSU granted shall vest on the first anniversary"
FAQ
What insider transactions did Pony AI (PONY) report for Vice President Zhang Ning?
Pony AI reported RSU vesting into 34,917 Class A ordinary shares on June 25, 2026, and a subsequent sale of 17,347 shares on June 26, 2026 at $6.8596 per share, executed to cover income tax liabilities from the vesting.
What are restricted stock units (RSUs) in the context of Pony AI (PONY)?
Restricted stock units are equity awards that convert into shares upon vesting. In this filing, each RSU represents the right to receive one Class A ordinary share, with vesting schedules that start with an initial one-year tranche followed by equal quarterly vesting for the remaining units.
What vesting schedules apply to Pony AI (PONY) RSU grants mentioned in the filing?
The RSU grants described use structures where an initial portion vests on the first anniversary of a specified April or November date, with the remaining units vesting in equal quarterly installments, such as 5% or 6.25% each quarter, over the subsequent periods until fully vested.