WeRide CTO Li Yan receives 493,434-share award

The RSUs will vest in full upon achievement of certain revenue targets.

Rhea-AI Filing Summary

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

WeRide Inc. reported that Li Yan, its Chief Technology Officer and a director, received a restricted share unit award of 493,434 Class A ordinary shares on September 23, 2026. The RSUs will vest in full upon achievement of certain revenue targets. Li Yan’s indirect holdings are listed as 11,129,666 shares through Humber Partners Limited and 16,000,000 shares through Yanli Holdings Limited. Li Yan and Trident, as trustee of the Li Family Trust, collectively hold 100% of Humber; Humber and Trident collectively hold 100% of Yanli.

Insider Trade Summary

Grant/Award: 493,434 shares

Grant/Award 3 txns

Insider Li Yan

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Shares F1	493,434	$0.00	$0.00
holding	Class A Ordinary Shares F2	--	--	--
holding	Class A Ordinary Shares F2	--	--	--

Holdings After Transaction: Class A Ordinary Shares — 493,434 shares (Direct); Class A Ordinary Shares — 11,129,666 shares (Indirect, By Humber Partners Limited); Class A Ordinary Shares — 16,000,000 shares (Indirect, By Yanli Holdings Limited)

Footnotes (2)

1. F1. Represents a restricted share unit ("RSU") award. The RSUs will vest in full upon the achievement of certain revenue targets.
2. F2. The Reporting Person and Trident, as trustee of the Li Family Trust, collectively hold 100% of Humber Partners Limited. Humber Partners Limited and Trident collectively hold 100% of Yanli Holdings Limited. The Reporting Person is the the protector of the the Li Family Trust and the sole director of Yanli Holdings Limited.

Key Figures

RSU award: 493,434 Class A ordinary shares Direct holdings following award: 493,434 shares Indirect holdings through Humber Partners Limited: 11,129,666 shares +1 more

4 metrics

RSU award 493,434 Class A ordinary shares Award reported September 23, 2026; vesting is conditioned on achievement of certain revenue targets.

Direct holdings following award 493,434 shares Reported position following the award on September 23, 2026.

Indirect holdings through Humber Partners Limited 11,129,666 shares Reported position on September 23, 2026.

Indirect holdings through Yanli Holdings Limited 16,000,000 shares Reported position on September 23, 2026.

Key Terms

restricted share unit (RSU), vest in full, revenue targets, trustee

4 terms

restricted share unit (RSU) financial

"Represents a restricted share unit (RSU) award"

vest in full financial

"The RSUs will vest in full upon the achievement of certain revenue targets"

revenue targets financial

"upon the achievement of certain revenue targets"

trustee financial

"Trident, as trustee of the Li Family Trust"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

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

How many WRD shares were included in Li Yan’s award?

Li Yan, WeRide’s Chief Technology Officer and a director, received a restricted share unit award of 493,434 Class A ordinary shares on September 23, 2026.

Was Li Yan’s 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.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/25/2026 - 04:41 PM Accepted by SEC EDGAR 09/25/2026 - 04:15 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^*

Li Yan

(Last) (First) (Middle)

C/O WERIDE INC.

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

(Street)

GUANGZHOU 00000

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

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)

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	09/23/2026		A		493,434(1)	A	$0	493,434	D
Class A Ordinary Shares								11,129,666	I	By Humber Partners Limited(2)
Class A Ordinary Shares								16,000,000	I	By Yanli Holdings Limited(2)

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

Explanation of Responses:

1. Represents a restricted share unit ("RSU") award. The RSUs will vest in full upon the achievement of certain revenue targets.

2. The Reporting Person and Trident, as trustee of the Li Family Trust, collectively hold 100% of Humber Partners Limited. Humber Partners Limited and Trident collectively hold 100% of Yanli Holdings Limited. The Reporting Person is the the protector of the the Li Family Trust and the sole director of Yanli Holdings Limited.

	/s/ Ava Liang Wang, Attorney-in-Fact	09/25/2026
	** 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)