Peng Jun 4

What Happened
Peng Jun, CEO of Pony AI (PONY), received a grant of 1,400,000 restricted stock units (RSUs) reported on April 2, 2026. The RSUs were recorded at $0.00 per unit (no cash paid); as derivative awards, they represent the right to receive Class A ordinary shares upon vesting. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-02 (grant reported and filed on 2026-04-02). Price: $0.00 per RSU (derivative award).
• Amount: 1,400,000 RSUs (each RSU = right to one Class A ordinary share upon vesting).
• Shares owned after transaction: not specified in the provided filing.
• Grant date (administrative): RSUs were granted on January 23, 2026 under the 2026 Share Scheme, which shareholders approved on April 2, 2026.
• Vesting: 25% vests on the first anniversary of December 25, 2025; remaining 75% vests in equal increments of 6.25% on the 25th day of the last month of each quarter thereafter.
• Expiration: this grant does not have an expiration date.
• Filing timeliness: filing date matches report date, indicating the grant was reported promptly.

Context
RSUs are a form of equity compensation that convert to actual shares only when they vest; they are not an immediate market purchase and do not signal a direct cash investment by the insider. Such grants are common for executives and reflect compensation/retention arrangements rather than contemporaneous buying or selling activity.