Gao Tian 4

4 · Pony AI Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

Pony AI (PONY) VP Gao Tian Receives 56,188 Shares via RSU Vesting

What Happened

Gao Tian, Vice President, Chief of Staff and General Counsel of Pony AI (PONY), had restricted stock units (RSUs) vest and convert into 56,188 Class A ordinary shares on March 25, 2026. The Form 4 reports the conversion/exercise of four derivative awards (transaction code M) totaling 56,188 shares (16,000; 813; 7,500; 31,875). The reported price is $0.00 for the disposals, reflecting RSU settlement into shares rather than a cash purchase or sale.

Key Details

Transaction date: 2026-03-25; Form 4 filed 2026-03-27 (appears timely within the usual 2-business-day filing window).
Transaction type/code: M = exercise or conversion of a derivative (RSU vesting and settlement).
Shares converted/issued: 56,188 total (16,000; 813; 7,500; 31,875).
Price / cash flow: Reported as $0.00 on the derivative disposals — no cash paid or received in the filing.
Shares owned following transaction: Not specified in the provided extract of the filing.
Footnotes: Filing notes these were RSUs that vested and settled into Class A ordinary shares (see footnotes). Multiple RSU grants with different grant dates and vesting schedules are referenced (grants from 2021, 2023, and 2024 with standard anniversary and quarterly vesting schedules). One footnote indicates the grant has no expiration date.

Context

These entries reflect RSU vesting/settlement (compensation converting to stock), not an open-market purchase or sale. The $0.00 disposal amounts are typical when a derivative (RSU) is converted into underlying shares rather than sold for cash.
No immediate sale of the shares is reported in this filing; this looks like routine compensation vesting rather than a market-timing trade.

Form 4

Period: 2026-03-25

VP, Chief of Staff, GC

Transactions

Exercise/Conversion
Class A Ordinary Shares
[F1]
2026-03-25+16,000→ 323,056 total
Exercise/Conversion
Class A Ordinary Shares
[F1]
2026-03-25+813→ 323,869 total
Exercise/Conversion
Class A Ordinary Shares
[F1]
2026-03-25+7,500→ 331,369 total
Exercise/Conversion
Class A Ordinary Shares
[F1]
2026-03-25+31,875→ 363,244 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F7]
2026-03-25−16,000→ 10,667 total
→ Class A Ordinary Shares (16,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F4][F7]
2026-03-25−813→ 3,521 total
→ Class A Ordinary Shares (813 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F5][F7]
2026-03-25−7,500→ 50,000 total
→ Class A Ordinary Shares (7,500 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F6][F7]
2026-03-25−31,875→ 329,376 total
→ Class A Ordinary Shares (31,875 underlying)

Footnotes (7)

[F1]Reflects restricted stock units (RSUs) that vested and settled into Class A ordinary shares.
[F2]Each RSU represents the right to receive, upon vesting, one Class A ordinary share.
[F3]This RSU award was granted on May 28, 2021. The vesting schedules are 20% of the total RSU granted shall vest on the first anniversary of May 1, 2021, and the remaining 80% of the total RSU granted are scheduled to vest equally with 5% at the 25th day of the last month of each quarter thereafter.
[F4]This RSU award was granted on May 15, 2023. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of April 1, 2023, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter.
[F5]This RSU award was granted on December 10, 2023. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of November 1, 2023, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter.
[F6]This RSU award was granted on December 4, 2024. The vesting schedules are 25% of the total RSU granted shall vest on the first anniversary of October 31, 2024, and the remaining 75% of the total RSU granted are scheduled to vest equally with 6.25% at the 25th day of the last month of each quarter thereafter.
[F7]This grant does not have an expiration date.

Signature

/s/ Tian Gao|2026-03-27

1 file