[Form 4] Pony AI Inc. Insider Trading Activity

Pony AI Inc. director Mark Qiu received a grant of 6,692 restricted stock units (RSUs) on April 14, 2026.

Rhea-AI Filing Summary

Pony AI Inc. director Mark Qiu received a grant of 6,692 restricted stock units (RSUs) on April 14, 2026. Each RSU represents the right to receive one Class A ordinary share upon vesting, so this grant could convert into 6,692 shares over time.

The RSUs were granted without an exercise price and have no expiration date. According to the disclosure, the RSUs granted shall vest on the first anniversary of November 27, 2026, and Qiu’s direct holdings after this award total 6,692 RSUs.

Insider Trade Summary

Grant/Award: 6,692 shares

Grant/Award 1 txn

Insider Qiu Mark

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	6,692	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 6,692 contracts (Direct)

Footnotes (3)

1. F1. Each restricted stock unit (RSU) represents the right to receive, upon vesting, one Class A ordinary share.
2. F2. RSUs were granted on April 14, 2026. The vesting schedules are the RSUs granted shall vest on the first anniversary of November 27, 2026.
3. F3. This grant does not have an expiration date.

Key Figures

RSUs granted: 6,692 units Underlying shares: 6,692 shares Exercise price: $0.00 per share +3 more

6 metrics

RSUs granted 6,692 units Restricted stock units granted to director Mark Qiu on April 14, 2026

Underlying shares 6,692 shares Each RSU represents one Class A ordinary share upon vesting

Exercise price $0.00 per share RSU grant carries no exercise price

Holdings after grant 6,692 RSUs Total direct RSU holdings following the reported transaction

Grant date April 14, 2026 Date the restricted stock units were granted

Vesting reference date November 27, 2026 RSUs shall vest on the first anniversary of this date

Key Terms

Restricted Stock Units, RSU, Class A ordinary share, vesting, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit (RSU) represents the right to receive, upon vesting, one Class A ordinary share."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSU financial

"Each restricted stock unit (RSU) represents the right to receive, upon vesting, one Class A ordinary share."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Class A ordinary share financial

"Each restricted stock unit (RSU) represents the right to receive, upon vesting, one Class A ordinary share."

A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

vesting financial

"RSUs were granted on April 14, 2026. The vesting schedules are the RSUs granted shall vest on the first anniversary of November 27, 2026."

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.

expiration date financial

"This grant does not have an expiration date."

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

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

What insider transaction did Pony AI (PONY) report for Mark Qiu?

Pony AI reported that director Mark Qiu received a grant of 6,692 restricted stock units. These RSUs were awarded on April 14, 2026 and, once vested, each unit will convert into one Class A ordinary share of Pony AI.

How many Pony AI RSUs were granted to director Mark Qiu?

Director Mark Qiu was granted 6,692 restricted stock units. Each RSU represents the right to receive one Class A ordinary share upon vesting, meaning the grant could translate into 6,692 shares if all units fully vest as scheduled.

When do Mark Qiu’s Pony AI RSUs vest?

The filing states that the RSUs granted to Mark Qiu shall vest on the first anniversary of November 27, 2026. Vesting must occur before the RSUs convert into Class A ordinary shares that Qiu can hold as equity in Pony AI.

Does the Pony AI RSU grant to Mark Qiu have an exercise price or expiration?

The RSU grant to Mark Qiu carries no exercise price and does not have an expiration date. Instead, each restricted stock unit converts into one Class A ordinary share upon vesting, according to the terms described in the disclosure footnotes.

How many Pony AI securities does Mark Qiu hold after this RSU grant?

Following the grant, Mark Qiu directly holds 6,692 restricted stock units. These RSUs represent potential future ownership of 6,692 Class A ordinary shares, provided the vesting conditions described in the filing are satisfied over time.

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

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Accepted by SEC EDGAR 04/16/2026 - 04:03 PM EDT Learn about SEC filing dates

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^*

Qiu Mark

(Last) (First) (Middle)

1301 PEARL DEVELOPMENT BLDG, 1 MINGZHU

1ST STREET, HENGLI TOWN, NANSHA DISTRICT

(Street)

GUANGZHOU 511458

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Pony AI Inc. [ PONY ]

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)
04/14/2026

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

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 Stock Units	(1)	04/14/2026		A		6,692		(2)	(3)	Class A Ordinary Shares	6,692	$0	6,692	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents the right to receive, upon vesting, one Class A ordinary share.

2. RSUs were granted on April 14, 2026. The vesting schedules are the RSUs granted shall vest on the first anniversary of November 27, 2026.

3. This grant does not have an expiration date.

	/s/ Haojun Wang, Attorney-in-Fact for Mark Qiu	04/16/2026
	** 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)