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Zoomcar Holdings (ZCAR) CEO reports 1,000,000-share, 13.5% ownership stake

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(Moderate)
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Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Zoomcar Holdings, Inc. Chief Executive Officer Deepankar Tiwari has filed a Schedule 13D reporting beneficial ownership of 1,000,000 shares of common stock, representing 13.5% of the company’s outstanding shares, assuming full vesting of all awards.

The shares come from a restricted stock unit (RSU) grant dated July 17, 2025. Tranches of 250,000 shares vested on June 30, 2025, September 30, 2025, and December 31, 2025, with the remaining 250,000 shares scheduled to vest on March 31, 2026, subject to continued service and forfeiture terms.

Based on 7,151,343 shares of common stock outstanding as of February 12, 2026 plus the final unvested tranche, Tiwari has sole voting and dispositive power over vested shares and may buy or sell additional shares in the future depending on company and market conditions.

Positive

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Negative

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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
For 7, 9, 11, 13 - The Reporting Person was granted 1,000,000 shares of Restricted Stock Units ("RSUs") pursuant to that certain Non-statutory Inducement Award Agreement, dated July 17, 2025, approved by the Issuer's Board of Directors. 250,000 shares vested on June 30, 2025, 250,000 shares vested on September 30, 2025, and 250,000 shares vested on December 31, 2025. The remaining 250,000 shares are unvested and are scheduled to vest on March 31, 2026, subject to the Reporting Person's continued service and any forfeiture provisions under the award agreement. The amounts and percentages disclosed herein assume the vesting of the final 250,000 shares.


SCHEDULE 13D


Deepankar Tiwari
Signature:/s/ Deepankar Tiwari
Name/Title:Deepankar Tiwari/CEO
Date:02/12/2026

FAQ

What ownership stake in Zoomcar Holdings (ZCAR) does CEO Deepankar Tiwari report?

CEO Deepankar Tiwari reports beneficial ownership of 1,000,000 Zoomcar Holdings common shares, representing 13.5% of the outstanding stock. This percentage is calculated using 7,151,343 shares outstanding as of February 12, 2026 plus 250,000 unvested RSU shares.

How did Zoomcar CEO Deepankar Tiwari acquire his 1,000,000 ZCAR shares?

Deepankar Tiwari’s 1,000,000 shares come from restricted stock units granted under a Non-statutory Inducement Award Agreement dated July 17, 2025. The grant was approved by Zoomcar’s board of directors as equity compensation rather than through an open-market share purchase.

What is the vesting schedule for Deepankar Tiwari’s Zoomcar (ZCAR) RSU award?

The 1,000,000-share RSU award vests in four equal tranches of 250,000 shares. Tranches vested on June 30, 2025, September 30, 2025, and December 31, 2025, with the final 250,000 shares scheduled to vest on March 31, 2026, subject to continued service.

How many Zoomcar (ZCAR) shares are currently vested for CEO Deepankar Tiwari?

As of December 31, 2025, 750,000 of Deepankar Tiwari’s 1,000,000 RSU-based shares are vested. He holds sole voting and dispositive power over these vested shares, while the remaining 250,000 shares are scheduled to vest on March 31, 2026.

How was the 13.5% ownership figure for Zoomcar CEO Deepankar Tiwari calculated?

The 13.5% beneficial ownership is based on 1,000,000 shares attributed to Tiwari compared to 7,151,343 Zoomcar common shares outstanding as of February 12, 2026, plus 250,000 unvested RSU shares, assuming full vesting of the remaining tranche.

Does Zoomcar CEO Deepankar Tiwari plan any specific corporate actions related to his ZCAR stake?

The disclosure states Tiwari has no present plans for actions such as mergers, major asset sales, or other corporate changes. He may, however, buy or sell additional shares or exercise rights in the future depending on company, market, and economic conditions.
Zoomcar Holdings, Inc.

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