WeRide (WRD) CEO Han Tony Xu details option and Class B stakes

Rhea-AI Filing Summary

WeRide Inc. Chairman and CEO Han Tony Xu reported his initial equity holdings. He holds share options over 4,933,001 Class A Ordinary Shares at an exercise price of $3.89 per share, which are fully vested and exercisable, and options over 22,662,519 Class A Ordinary Shares at $1.24 per share, vesting over time. He also has indirect ownership of 16,399,590 Class B Ordinary Shares through Tonyhan Limited and 24,850,000 Class B Ordinary Shares through Xu Han Limited. Each Class B Ordinary Share is convertible at any time into one Class A Ordinary Share. The filing records existing positions and does not show any new buy or sell transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Han Tony Xu

(Last) (First) (Middle)

C/O WERIDE INC.

21ST FLOOR, TOWER A, NO. 51, LUOXUAN RD

(Street)

GUANGZHOU 00000

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
WeRide Inc. [ WRD ]

3a. Foreign Trading Symbol
[HKEX:0800]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Option (right to buy)	(1)	07/26/2034	Class A Ordinary Shares	4,933,001	$3.89	D
Share Option (right to buy)	(2)	10/29/2032	Class A Ordinary Shares	22,662,519	$1.24	D
Class B Ordinary Shares	(3)	(3)	Class A Ordinary Shares	16,399,590	(3)	I	By Tonyhan Limited(4)
Class B Ordinary Shares	(3)	(3)	Class A Ordinary Shares	24,850,000	(3)	I	Xu Han Limited(4)

Explanation of Responses:

1. Fully vested and exercisable.

2. This option vested 25% on October 29, 2023 and the remainder vested or vests in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer.

3. Each Class B Ordinary Share is convertible at any time at the option of the Reporting Person into one Class A Ordinary Share.

4. The Reporting Person holds 51% equity interests in Tonyhan Limited through Xu Han Limited, which is in turn 100% owned by the Reporting Person. The Reporting Person is also the sole director of Tonyhan Limited.

	/s/ Ava Liang Wang, Attorney-in-Fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Han Tony Xu’s Form 3 filing for WeRide (WRD) show?

The Form 3 shows Han Tony Xu’s existing equity holdings in WeRide, including large option grants and indirect Class B Ordinary Share interests, but does not report any new purchases, sales, or option exercises. It establishes his starting ownership position as a director and executive.

How many WeRide (WRD) share options does Han Tony Xu hold?

Han Tony Xu holds options over 4,933,001 Class A Ordinary Shares at $3.89 per share and 22,662,519 Class A Ordinary Shares at $1.24 per share. One grant is fully vested and exercisable, while the other vests over a schedule tied to his continued service.

What are Han Tony Xu’s indirect Class B Ordinary Share holdings in WeRide (WRD)?

He has indirect ownership of 16,399,590 Class B Ordinary Shares through Tonyhan Limited and 24,850,000 Class B Ordinary Shares through Xu Han Limited. Footnotes state each Class B Ordinary Share is convertible at any time into one Class A Ordinary Share at his option.

Are the Class B Ordinary Shares in WeRide (WRD) convertible into Class A shares?

Yes. The filing states that each Class B Ordinary Share is convertible at any time, at Han Tony Xu’s option, into one Class A Ordinary Share. This means his Class B holdings can be turned into an equal number of Class A shares whenever he chooses.

What are the vesting terms on Han Tony Xu’s WeRide (WRD) options?

One option grant is fully vested and exercisable. Another vested 25% on October 29, 2023, with the remaining portion vesting in 36 equal monthly installments, subject to his continued service with WeRide. This creates a multi-year vesting schedule for that larger award.

Does Han Tony Xu control the entities holding WeRide (WRD) Class B shares?

The filing explains he holds 51% equity interests in Tonyhan Limited through Xu Han Limited, which he wholly owns, and is the sole director of Tonyhan Limited. This structure links his economic and governance interests to those indirect Class B Ordinary Share holdings.