Tesla (TSLA) SVP adds 20,000 shares through option exercise
Rhea-AI Filing Summary
Tesla, Inc. senior vice president Zhu Xiaotong exercised stock options and increased his equity stake. On March 31, 2026, he exercised a Non-Qualified Stock Option to acquire 20,000 shares of Tesla common stock at an exercise price of $20.57 per share. Following the transaction, he holds 260,650 shares of common stock directly. A separate indirect holding of 47,599.75 shares is reported as being held through Magical Blake Global Limited, a BVI entity for which he is the sole beneficial owner. The filing shows an option grant originally covering 375,000 shares with vesting tied to performance objectives and time-based schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
3 txns
Insider
Zhu Xiaotong
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,000 | $20.57 | $411K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 260,650 shares (Direct);
Common Stock — 20,000 shares (Direct);
Common Stock — 47,599.75 shares (Indirect, See Footnote)
Footnotes (2)
- F1. The shares are held in Magical Blake Global Limited, a BVI entity, for which the Reporting Person is the sole beneficial owner.
- F2. Represents option awards granted with respect to 375,000 total shares initially, which vest as follows: (a) with respect to 150,000 shares subject to the options, 1/48th of such shares became vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreements, and 1/48th of the shares become vested and exercisable on each monthly anniversary thereafter, and (b) with respect to 225,000 shares subject to the options, 1/60th of such shares became vested and exercisable on August 20, 2018, and 1/60th of the shares become vested and exercisable each month thereafter.
Key Figures
Options exercised: 20,000 shares
Exercise price: $20.57 per share
Direct holdings after transaction: 260,650 shares
+3 more
6 metrics
Options exercised
20,000 shares
Non-Qualified Stock Option exercised on March 31, 2026
Exercise price
$20.57 per share
Exercise price for 20,000-share option
Direct holdings after transaction
260,650 shares
Common stock directly held following option exercise
Indirect holdings
47,599.75 shares
Common stock held via Magical Blake Global Limited
Original option grant size
375,000 shares
Total shares referenced in option award footnote
Option expiration
August 20, 2028
Expiration date for related option award
Key Terms
Non-Qualified Stock Option, Exercise or conversion of derivative security, beneficial owner, performance objectives, +1 more
5 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (right to buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
beneficial owner financial
"for which the Reporting Person is the sole beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
performance objectives financial
"upon the Issuer's achievement of certain performance objectives set forth in the option agreements"
indirect ownership financial
"total_shares_following_transaction: 47599.7500, ownership_type: indirect"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Tesla (TSLA) SVP Zhu Xiaotong report in this Form 4 filing?
Tesla SVP Zhu Xiaotong reported exercising stock options to acquire 20,000 shares of common stock. The transaction reflects a compensation-related option exercise rather than an open-market purchase or sale, and it increases his directly held Tesla share position.
What are Zhu Xiaotong’s Tesla (TSLA) holdings after this reported transaction?
After the reported transactions, Zhu Xiaotong holds 260,650 Tesla common shares directly. The filing also shows an additional 47,599.75 shares held indirectly through Magical Blake Global Limited, for which he is disclosed as the sole beneficial owner.
What type of security did Zhu Xiaotong exercise in this Tesla (TSLA) Form 4?
He exercised a Non-Qualified Stock Option, described as a right to buy Tesla common stock. The exercised option covered 20,000 underlying shares at a $20.57 exercise price, converting previously granted derivative compensation into common stock holdings.
What does the Form 4 say about Zhu Xiaotong’s indirect Tesla (TSLA) ownership?
The Form 4 reports 47,599.75 Tesla shares held indirectly through Magical Blake Global Limited, a BVI entity. A footnote states Zhu Xiaotong is the sole beneficial owner of this entity, meaning he ultimately benefits economically from those indirectly held shares.
How large was the original Tesla (TSLA) option award referenced in the filing?
A footnote explains the option awards originally covered 375,000 Tesla shares in total. The vesting terms reference performance objectives and monthly vesting schedules, indicating this exercise of 20,000 shares represents just part of the broader long-term option grant.