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XPeng (NYSE: XPEV) VP receives 43,558 shares as RSUs vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wu Jiaming reported acquisition or exercise transactions in this Form 4 filing.

XPENG INC. vice president of finance and accounting Wu Jiaming received 43,558 Class A ordinary shares on July 2, 2026, when an equal number of Restricted Share Units (RSUs) vested at a nil purchase price under the company’s 2019 Equity Incentive Plan.

These RSUs are part of a 174,232-unit award granted in July 2023 that vests in four equal annual installments tied to continued service and performance targets. After this vesting, Wu directly holds 124,674 Class A ordinary shares, and an additional 43,558 RSUs from the same award are scheduled to vest on July 1, 2027.

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Insider Wu Jiaming
Role VP Finance & Accounting
Type Security Shares Price Value
Exercise Restricted Share Units 43,558 $0.00 --
Exercise Class A ordinary shares 43,558 $0.00 --
Holdings After Transaction: Restricted Share Units — 43,558 shares (Direct, null); Class A ordinary shares — 124,674 shares (Direct, null)
Footnotes (1)
  1. The Issuer's Class A ordinary shares were issued to the reporting person upon vesting of Restricted Share Units (RSUs) on July 2, 2026. The reporting person was granted an aggregate of 174,232 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, 43,558 RSUs subject to this award vested on July 1, 2026, and the remaining 43,558 RSUs subject to this award are scheduled to vest on July 1, 2027.
RSUs vested 43,558 units Vested on July 1–2, 2026 into Class A ordinary shares
Shares received from vesting 43,558 shares Class A ordinary shares issued at nil purchase price
Total RSU grant 174,232 RSUs Granted July 14, 2023 under 2019 Equity Incentive Plan
Post-transaction share holdings 124,674 shares Class A ordinary shares held directly after July 2, 2026
Future scheduled vesting 43,558 RSUs RSUs scheduled to vest on July 1, 2027
Restricted Share Units financial
"The Issuer's Class A ordinary shares were issued to the reporting person upon vesting of Restricted Share Units (RSUs) on July 2, 2026."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
2019 Equity Incentive Plan financial
"The reporting person was granted an aggregate of 174,232 RSUs under the 2019 Equity Incentive Plan on July 14, 2023."
vesting commencement date financial
"The RSUs subject to the award shall vest in four equal annual installments on each anniversary of the vesting commencement date, July 1, 2023."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Class A ordinary shares financial
"The Issuer's Class A ordinary shares were issued to the reporting person upon vesting of Restricted Share Units (RSUs) on July 2, 2026."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Wu Jiaming
(Last)(First)(Middle)
NO. 10, CENCUN FENGZHUANG AVENUE,
TIANHE DISTRICT
(Street)
GUANGZHOUCHINA510640
(City)(State)(Zip)
CHINA
(Country)		2. Issuer Name and Ticker or Trading Symbol
XPENG INC. [ XPEV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP Finance & Accounting
2a. Foreign Trading Symbol
[9868.HK]
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A ordinary shares07/02/2026M(1)43,558A$0.00124,674D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units$0.0007/02/2026M43,558 (2) (2)Class A ordinary shares43,558$0.0043,558D
Explanation of Responses:
1. The Issuer's Class A ordinary shares were issued to the reporting person upon vesting of Restricted Share Units (RSUs) on July 2, 2026.
2. The reporting person was granted an aggregate of 174,232 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, 43,558 RSUs subject to this award vested on July 1, 2026, and the remaining 43,558 RSUs subject to this award are scheduled to vest on July 1, 2027.
/s/ Wu Jiaming07/06/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did XPeng (XPEV) report for Wu Jiaming?

XPeng reported that VP Finance & Accounting Wu Jiaming acquired 43,558 Class A ordinary shares through RSU vesting. These shares came from a previously granted equity award and carried a nil purchase price, reflecting compensation rather than an open-market share purchase.

How many XPeng RSUs were originally granted to Wu Jiaming?

Wu was granted 174,232 Restricted Share Units (RSUs) on July 14, 2023 under XPeng’s 2019 Equity Incentive Plan. The award vests in four equal annual installments, subject to continued service and achievement of individual performance targets set by the company.

How many XPeng shares does Wu Jiaming hold after this Form 4 transaction?

Following the July 2, 2026 RSU vesting, Wu directly holds 124,674 Class A ordinary shares of XPeng. This total includes the 43,558 newly issued shares that resulted from the vesting and settlement of previously granted Restricted Share Units.

What is the vesting schedule of Wu Jiaming’s XPeng RSU award?

The 174,232 XPeng RSUs vest in four equal annual installments on each anniversary of the July 1, 2023 vesting commencement date. Vesting depends on Wu’s continued service and meeting individual performance targets set by XPeng’s compensation framework.

How many XPeng RSUs are still scheduled to vest for Wu Jiaming?

After 43,558 RSUs vested on July 1, 2026, an additional 43,558 RSUs from the same grant remain scheduled to vest on July 1, 2027. These future vestings are conditioned on continued employment and performance requirements.

Did Wu Jiaming buy or sell XPeng shares on the market in this filing?

The Form 4 shows no open-market purchases or sales. Instead, Wu acquired 43,558 Class A ordinary shares through the vesting and settlement of RSUs at a nil purchase price, a standard equity compensation event rather than a market trade.