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WeRide CEO gets 493,434-share award tied to revenue

Full vesting of the 493,434-share RSU award depends on achievement of certain revenue targets.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WeRide Inc. (symbol: WRD) is the issuer of record for a Form 4 filing submitted to the SEC. Han Tony Xu reported acquisition or exercise transactions in this Form 4 filing.

WeRide Inc. (WRD) Chairman and CEO Han Tony Xu received an award reported for 493,434 Class A Ordinary Shares on September 23, 2026. The award represents restricted share units that will vest in full upon achievement of certain revenue targets. His reported direct holdings following the transaction were 493,434 shares.

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Insider Han Tony Xu
Role Chairman and CEO
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares F1 493,434 $0.00 $0.00
Holdings After Transaction: Class A Ordinary Shares — 493,434 shares (Direct)
Footnotes (1)
  1. F1. Represents a restricted share unit ("RSU") award. The RSUs will vest in full upon the achievement of certain revenue targets.
Award shares 493,434 Class A Ordinary Shares Restricted share unit award reported on September 23, 2026
Direct holdings following transaction 493,434 shares Reported position after the transaction
Reported transaction price $0.00 per share Price reported for the award transaction
restricted share unit financial
"Represents a restricted share unit award"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
vest in full financial
"The RSUs will vest in full"
Class A Ordinary Shares technical
"Class A Ordinary Shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

FAQ

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

How many shares did WRD's CEO receive in the award?

Chairman and CEO Han Tony Xu received an award reported for 493,434 Class A Ordinary Shares on September 23, 2026. It represents restricted share units that vest in full upon achievement of certain revenue targets.

Was the WRD award made under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for the award.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Han Tony Xu

(Last)(First)(Middle)
C/O WERIDE INC.
21ST FLOOR, TOWER A, NO. 51, LUOXUAN RD

(Street)
GUANGZHOU00000

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
WeRide Inc. [ WRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman and CEO
2a. Foreign Trading Symbol
[HKEX:0800]
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares09/23/2026A493,434(1)A$0493,434D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a restricted share unit ("RSU") award. The RSUs will vest in full upon the achievement of certain revenue targets.
/s/ Ava Liang Wang, Attorney-in-Fact09/25/2026
** Signature of Reporting PersonDate
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)

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