Mo Luyi 4

What Happened

• Mo Luyi, Vice President of Pony AI (PONY), had multiple restricted stock units (RSUs) vest and convert into Class A ordinary shares on March 25, 2026. The transactions total 37,257 shares (11,000; 1,250; 944; 9,063; 15,000). No cash was paid and no shares were sold—these entries reflect RSUs settling into shares (derivative conversion reported under transaction code M).

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely filing).
• Reported amounts: 11,000; 1,250; 944; 9,063; and 15,000 shares — total 37,257 shares.
• Reported price: N/A on acquisition lines; $0.00 on conversion/disposition lines (standard for RSU settlement/conversion).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: These shares reflect RSUs that vested and settled into Class A ordinary shares; each RSU equals one share. Grants date and vesting schedules vary (grants from 2021–2024 with standard anniversary + quarterly vesting schedules). One footnote notes the grant has no expiration date.
• No sale, 10b5-1 plan, tax-withholding details, or late-filing flags were indicated in the summary provided.

Context

• These transactions are RSU vestings/settlements (derivative conversion) — not open-market purchases or sales. Because the shares were received as compensation on vesting (and not sold), this is typically routine insider compensation rather than a market-timing trade.