XPENG (XPEV) director Yang Donghao details share and RSU holdings

Rhea-AI Filing Summary

XPENG INC. director Yang Donghao filed an initial ownership report showing both direct shares and equity awards. He holds 9,072 Class A ordinary shares directly and has 27,216 Restricted Share Units (RSUs) granted under the 2019 Equity Incentive Plan, with a nil purchase price upon vesting.

According to the grant terms, the RSUs vest in three equal annual installments starting on July 12, 2024. One-third, or 9,072 RSUs, vested on July 12, 2025, and the remaining 18,144 RSUs are scheduled to vest in two equal annual installments on July 12, 2026 and July 12, 2027, subject to his continued service.

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^*

Yang Donghao

(Last) (First) (Middle)

NO.10, CENCUN FENGZHUANG AVENUE,

TIANHE DISTRICT

(Street)

GUANGZHOU 510640

(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
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)

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

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	9,072	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	18,144	$0	D

Explanation of Responses:

1. The reporting person was granted an aggregate of 27,216 Restricted Share Units (RSUs) under the 2019 Equity Incentive Plan on July 12, 2024. 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 three equal annual installments on each anniversary of the vesting commencement date, July 12, 2024, subject to the reporting person's continued service. Therefore, one-third of the RSUs subject to this award (i.e. 9,072 RSUs) vested on July 12, 2025, and the remaining two-thirds (i.e., 18,144 RSUs) are scheduled to vest in two equal annual installments on July 12, 2026 and July 12, 2027, respectively.

	/s/ Yang Donghao	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) director Yang Donghao report in this Form 3?

Yang Donghao reports his initial ownership in XPENG INC. He directly holds 9,072 Class A ordinary shares and was granted 27,216 Restricted Share Units under the 2019 Equity Incentive Plan, which convert into Class A ordinary shares as they vest over three years.

How many XPENG (XPEV) RSUs were granted to Yang Donghao and on what terms?

Yang Donghao was granted 27,216 RSUs on July 12, 2024. These RSUs were awarded under XPENG’s 2019 Equity Incentive Plan and carry a nil purchase price upon vesting, meaning he receives an equivalent number of Class A ordinary shares without paying an exercise price.

What is the vesting schedule of Yang Donghao’s XPENG (XPEV) RSUs?

The 27,216 RSUs vest in three equal annual installments. One-third, or 9,072 RSUs, vested on July 12, 2025. The remaining 18,144 RSUs are scheduled to vest in equal installments on July 12, 2026 and July 12, 2027, subject to his continued service.

How many XPENG (XPEV) Class A shares does Yang Donghao directly own?

Yang Donghao directly owns 9,072 Class A ordinary shares. In addition, he has 27,216 RSUs that will deliver the same number of Class A ordinary shares as they vest, aligning part of his compensation with XPENG’s future share performance.

Does the XPENG (XPEV) Form 3 show any insider buying or selling by Yang Donghao?

No insider buying or selling is reported in this Form 3. The filing is an initial ownership statement that discloses his existing holdings of Class A ordinary shares and the structure and schedule of his Restricted Share Units, rather than new market transactions.