Pony AI VP Luyi Mo Sells 12,425 Shares for Taxes

Pony AI Inc. Vice President Luyi Mo sold 12,425 Class A ordinary shares at $7.1038 per share on September 28, 2026, through a mandatory, non-discretionary sell-to-cover arrangement for income tax liabilities incurred upon vesting previously reported RSUs.

Rhea-AI Filing Summary

Pony AI Inc. Vice President Luyi Mo sold 12,425 Class A ordinary shares at $7.1038 per share on September 28, 2026, through a mandatory, non-discretionary sell-to-cover arrangement for income tax liabilities incurred upon vesting previously reported RSUs. On September 25, 2026, 25,006 RSUs vested and settled into Class A ordinary shares. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 7 txns

Insider Mo Luyi

Role Vice President

Sold 12,425 shs ($88K)

Approx. gross sale proceeds $88K

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares F2	12,425	$7.1038	$88K
Exercise	Restricted Stock Units F3, F4, F7	943	$0.00	$0.00
Exercise	Restricted Stock Units F3, F5, F7	9,063	$0.00	$0.00
Exercise	Restricted Stock Units F3, F6, F7	15,000	$0.00	$0.00
Exercise	Class A Ordinary Shares F1	943	--	--
Exercise	Class A Ordinary Shares F1	9,063	--	--
Exercise	Class A Ordinary Shares F1	15,000	--	--

Holdings After Transaction: Restricted Stock Units — 169,497 contracts (Direct); Class A Ordinary Shares — 362,737 shares (Direct)

Footnotes (7)

1. F1. Reflects restricted stock units (RSUs) that vested and settled into Class A ordinary shares.
2. F2. 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.
3. F3. Each RSU represents the right to receive, upon vesting, one Class A ordinary share.
4. F4. 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.
5. F5. 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.
6. F6. 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.
7. F7. This grant does not have an expiration date.

Key Figures

Shares sold: 12,425 shares Sale price: $7.1038 per share Class A ordinary shares settled: 25,006 shares

3 metrics

Shares sold 12,425 shares September 28, 2026, under a mandatory, non-discretionary sell-to-cover arrangement

Sale price $7.1038 per share September 28, 2026

Class A ordinary shares settled 25,006 shares RSUs vested and settled on September 25, 2026

Key Terms

restricted stock units (RSUs), sell-to-cover arrangement, vesting schedules

3 terms

restricted stock units (RSUs) financial

"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

"mandatory non-discretionary sell-to-cover arrangement"

vesting schedules financial

"The vesting schedules are 25% of the total RSU granted"

FAQ

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

How many PONY shares did Vice President Luyi Mo sell, and at what price?

Luyi Mo sold 12,425 Pony AI Class A ordinary shares at $7.1038 per share on September 28, 2026. The sale was made under a mandatory, non-discretionary sell-to-cover arrangement to satisfy income tax liabilities from vesting previously reported RSUs; no Rule 10b5-1 plan is reported.

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

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Available on EDGAR 09/29/2026 - 04:03 PM Accepted by SEC EDGAR 09/29/2026 - 04:02 PM 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^*

Mo Luyi

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026

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
Class A Ordinary Shares	09/25/2026		M		943	A	(1)	351,099	D
Class A Ordinary Shares	09/25/2026		M		9,063	A	(1)	360,162	D
Class A Ordinary Shares	09/25/2026		M		15,000	A	(1)	375,162	D
Class A Ordinary Shares	09/28/2026		S(2)		12,425	D	$7.1038(2)	362,737	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 Stock Units	(3)	09/25/2026		M			943	(4)	(7)	Class A Ordinary Shares	943	$0	2,203	D
Restricted Stock Units	(3)	09/25/2026		M			9,063	(5)	(7)	Class A Ordinary Shares	9,063	$0	42,292	D
Restricted Stock Units	(3)	09/25/2026		M			15,000	(6)	(7)	Class A Ordinary Shares	15,000	$0	125,002	D

Explanation of Responses:

1. Reflects restricted stock units (RSUs) that vested and settled into Class A ordinary shares.

2. 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.

3. Each RSU represents the right to receive, upon vesting, one Class A ordinary share.

4. 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.

5. 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.

6. 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.

7. This grant does not have an expiration date.

	/s/ Luyi Mo	09/29/2026
	** 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)