Wang Haojun 4

What Happened
Wang Haojun, Pony AI's Chief Financial Officer, was awarded 300,000 restricted stock units (RSUs) on April 14, 2026. The award is a derivative grant (no cash paid) that represents the right to receive one Class A ordinary share per RSU upon vesting. The filing shows an acquisition-type RSU grant valued at $0 at grant (i.e., no immediate cash exchange).

Key Details

• Transaction date: April 14, 2026 (Form 4 filed April 16, 2026). Filing appears timely per the Form 4 reporting window.
• Grant: 300,000 RSUs; reported acquisition price $0.00 (derivative award).
• Vesting (per filing): 25% of the total RSUs vest on the first anniversary of March 25, 2026; the remaining 75% vest in equal increments of 6.25% on the 25th day of the last month of each quarter thereafter.
• Each RSU converts to one Class A ordinary share upon vesting (footnote).
• Grant has no expiration date (per filing).
• Shares owned after transaction: Not specified in the provided filing summary.

Context
This is an equity award (A = award/grant) rather than an open-market buy or sale. RSU grants are common executive compensation and do not by themselves indicate an immediate purchase or sale of stock—value is realized only as units vest and convert to shares. The filing contains standard vesting terms and no indication of a 10b5-1 plan, tax-withholding sale, or late filing.