XPENG INC. (NYSE: XPEV) director reports 3,997,555 shares held via GGV
Rhea-AI Filing Summary
XPENG INC. director Foo Jixun filed an initial ownership report showing indirect holdings of 3,997,555 Class A Ordinary Shares. The shares are held of record by GGV (Xpeng) Limited, where he is a director and may share voting and dispositive power, while disclaiming beneficial ownership beyond his proportionate pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foo Jixun
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 3,997,555 shares (Indirect, By GGV (Xpeng) Limited)
Footnotes (1)
- F1. The shares are held of record by GGV (Xpeng) Limited ("GGV (Xpeng)"). The Reporting Person is a director of GGV (Xpeng) and may be deemed to have shared voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his proportionate pecuniary interest therein.
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FAQ
What does Foo Jixun’s Form 3 filing disclose for XPENG INC. (XPEV)?
The Form 3 shows Foo Jixun’s initial report of indirect ownership in XPENG INC. It records 3,997,555 Class A Ordinary Shares held through GGV (Xpeng) Limited, establishing his starting beneficial ownership position as a company director under SEC rules.
Is the Form 3 for XPENG INC. (XPEV) reporting a new transaction?
The Form 3 functions as an initial ownership statement, not a trade report. It classifies the entry as a holding, listing 3,997,555 indirectly held shares, rather than recording a specific buy or sell transaction in XPENG INC. stock.