XPeng (NYSE: XPEV) CEO outlines RSU grant and share holdings
Rhea-AI Filing Summary
XPENG INC. Chairman & CEO He Xiaopeng filed an initial statement of beneficial ownership, detailing his equity interests in the company.
He holds 28,506,786 Restricted Share Units that can settle into the same number of Class A ordinary shares at nil purchase price, subject to performance and service conditions. The RSUs vest in three equal tranches if the 30‑day average closing price of the ordinary shares first reaches or exceeds HK$250, HK$500 and HK$750, respectively, before March 18, 2035, with continued employment required; any unvested RSUs lapse after that date.
The filing also lists direct holdings of Class A ordinary shares, indirect Class A and Class B ordinary share positions through Galaxy Dynasty Limited, Simplicity Holding Limited and Respect Holding Limited, and American Depositary Shares held through Simplicity Holding Limited and Galaxy Dynasty Limited. Each American Depositary Share represents two Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Footnotes (1)
- Each American Depositary Share represents two (2) Class A ordinary shares. The reporting person was granted an aggregate of 28,506,786 Restricted Share Units (RSUs) under the 2025 Share Incentive Scheme on March 19, 2025. 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. Following a 12-month vesting period, the RSUs will vest in three equal tranches when the arithmetic average closing price of XPeng Inc.'s ordinary shares for any 30 consecutive business days first reaches or exceeds HK$250, HK$500 and HK$750, respectively, in each case subject to continued employment through such date. To the extent any of the targets is not met by March 18, 2035, the unvested RSUs shall lapse.
