XPENG (NYSE: XPEV) VP details share ownership and RSU schedule

Rhea-AI Filing Summary

XPENG INC. vice president of finance and accounting, Wu Jiaming, filed an initial ownership report showing his equity position in the company. He directly holds 81,116 Class A ordinary shares and has 87,116 Restricted Share Units (RSUs) outstanding, each RSU convertible into one Class A share at no purchase price.

The footnote explains that 174,232 RSUs were granted on July 14, 2023 under the 2019 Equity Incentive Plan. These vest in four equal annual installments starting July 1, 2023. Two installments totaling 87,116 RSUs vested on July 1, 2024 and July 1, 2025, with the remaining 87,116 scheduled to vest on July 1, 2026 and July 1, 2027, subject to continued service and individual performance targets.

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^*

Wu Jiaming

(Last) (First) (Middle)

NO.10, CENCUN FENGZHUANG AVENUE,

TIANHE DISTRICT

(Street)

GUANGZHOU CHINA 510640

(City) (State) (Zip)

CHINA

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
XPENG INC. [ XPEV ]

3a. Foreign Trading Symbol
[9868.HK]

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Finance & Accounting

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)
Class A ordinary shares	81,116	D

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
Restricted Share Units	(1)	(1)	Class A ordinary shares	87,116	$0	D

Explanation of Responses:

1. The reporting person was granted an aggregate of 174,232 Restricted Share Units (RSUs) under the 2019 Equity Incentive Plan on July 14, 2023. Upon vesting of the applicable RSUs, the grantee shall be entitled to receive the same amount of Class A ordinary shares of the Company with nil purchase price. The RSUs subject to the award shall vest in four equal annual installments on each anniversary of the vesting commencement date, July 1,2023, subject to the reporting person's continued service and the achievement of individual performance targets. Therefore, 87,116 RSUs subject to this award vested in two equal annual installments on July 1, 2024 and July 1, 2025, respectively; and the remaining 87,116 RSUs subject to this award are scheduled to vest in two equal annual installments on July 1, 2026 and July 1, 2027, respectively.

	/s/ Wu Jiaming	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 XPENG (XPEV) VP Wu Jiaming report in this Form 3 filing?

The filing shows Wu Jiaming’s initial equity holdings in XPENG. He reports 81,116 Class A ordinary shares held directly and 87,116 Restricted Share Units (RSUs) that can convert into Class A shares, outlining his compensation-linked exposure to the company’s stock.

How many XPENG (XPEV) Class A shares does Wu Jiaming currently hold?

Wu Jiaming directly holds 81,116 Class A ordinary shares of XPENG. This figure reflects his current share ownership position as reported, separate from additional exposure through unvested Restricted Share Units that may convert into further Class A shares in future years.

What RSU award does XPENG (XPEV) VP Wu Jiaming have under the 2019 plan?

Wu Jiaming was granted 174,232 Restricted Share Units under XPENG’s 2019 Equity Incentive Plan on July 14, 2023. These RSUs represent a stock-based compensation award that can deliver Class A ordinary shares over time upon vesting with a nil purchase price.

How do XPENG (XPEV) RSUs vest for Wu Jiaming according to this filing?

The RSUs vest in four equal annual installments starting July 1, 2023. Two installments totaling 87,116 RSUs vested on July 1, 2024 and July 1, 2025, while the remaining 87,116 are scheduled to vest on July 1, 2026 and July 1, 2027, subject to conditions.

What conditions affect vesting of XPENG (XPEV) RSUs for Wu Jiaming?

Vesting of the RSUs depends on Wu Jiaming’s continued service and achievement of individual performance targets. If these conditions are met, each vested RSU entitles him to receive one XPENG Class A ordinary share at a nil purchase price on the scheduled vesting dates.

Do XPENG (XPEV) RSUs for Wu Jiaming convert into shares at a cost?

The RSUs convert into XPENG Class A ordinary shares with a nil purchase price. Upon vesting, each RSU entitles him to receive one Class A share without paying an exercise price, effectively functioning as deferred stock-based compensation tied to service and performance.