[144] Tesla, Inc. SEC Filing

Rhea-AI Filing Summary

Form 4 filing overview: On 07/02/2025, Zai Lab Ltd (ticker: ZLAB) granted its Chairperson & Chief Executive Officer, Du Ying, a new equity award in the form of 44,194 Restricted Share Units (RSUs). Each RSU converts into one American Depositary Share (ADS), and every ADS represents ten ordinary shares of the company.

Key terms of the award:

• Vesting schedule: The RSUs vest in four equal annual tranches starting 07/02/2026 and ending 07/02/2029, contingent on continued service.
• Cost basis: The grant price is reported as $0 because RSUs are awarded, not purchased.
• Post-grant holdings: The filing shows 44,194 derivative securities (RSUs) beneficially owned directly by the reporting person after the transaction; no common ADS transactions were reported in Table I.

Investor takeaways: The award is a routine incentive grant that aligns top-management compensation with shareholder value creation over a multi-year horizon. There is no indication of share sales or disposals, so the transaction does not reflect profit-taking or a change in ownership intent. While the grant reinforces long-term alignment, it has no immediate cash flow or earnings impact and is unlikely to materially move the stock on its own.

Insights

Securities Analyst

TL;DR: Routine RSU grant to CEO; no shares sold, neutral impact.

The 44,194-unit RSU grant to Chairperson & CEO Du Ying is standard annual equity compensation. Vesting over four years encourages retention and long-term value creation, but it does not alter outstanding share count until settled and is already contemplated in equity-based compensation plans. Absence of sales signals confidence, yet the transaction is not large enough relative to ZLAB’s float to be market-moving. Overall, the filing is informational with neutral investment impact.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	4000	1261400.00	3216517037	07/07/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/07/2025	Exercise of Stock Options	Issuer			4000	07/07/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	06/09/2025	2564	732573.26
10b5-1 Sales for VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	06/03/2025	1000	350000.00
10b5-1 Sales for VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	06/02/2025	6000	2046093.20
10b5-1 Sales for VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	05/16/2025	3000	1050334.80
10b5-1 Sales for VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	05/09/2025	4000	1200000.00
10b5-1 Sales for VAIBHAV TANEJA 1 Tesla Road Austin TX 78725	Common	05/01/2025	4000	1137599.20

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many ZLAB RSUs were granted to CEO Du Ying on 07/02/2025?

The filing reports 44,194 Restricted Share Units were granted.

When will the newly granted ZLAB RSUs vest?

They vest in four equal annual installments beginning 07/02/2026.

Did the CEO sell any ZLAB shares in this Form 4?

No. No ADS sales or disposals are reported; only an acquisition of RSUs.

What does each ZLAB ADS represent according to the filing?

Each ADS represents ten ordinary shares of Zai Lab Ltd.

Does this RSU grant affect ZLAB’s earnings or cash flow?

The grant is non-cash; it increases stock-based compensation expense over time but has no immediate cash flow impact.