Li Tie 4

What Happened

• Li Tie, Chief Financial Officer of Li Auto Inc. (ticker: LI), received a grant/award of 5,000,000 Class A ordinary shares (reported as a derivative award) on 2026-06-15. The reported acquisition price is $0.00, so no cash was paid for the award at grant.
• The award is subject to vesting based on achievement of certain tiered performance targets (see issuer's Form 6-K dated June 16, 2026, Exhibit 99.1 for details). This was an award grant (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (filed within the normal two-business-day window).
• Reported price: $0.00 per share; total cash paid: $0.
• Shares reported: 5,000,000 Class A ordinary shares (derivative award). The filing does not state Li Tie’s total shares owned after the grant in the provided data.
• Footnote F1: Vesting occurs upon the first achievement of certain tiered targets (see referenced 6-K for full vesting conditions). Footnote F2: Each American Depositary Share (ADS) represents two Class A ordinary shares — the 5,000,000 shares equal 2,500,000 ADS if converted.
• No indication this was an exercise or immediate sale; it is a performance-linked grant (not a 10b5-1 sale plan or gift).

Context

• This is a compensation award that will only convert into vested stock if the stated performance milestones are met. It does not reflect an immediate market purchase or sale by the CFO and does not by itself generate proceeds for Li Tie.
• For investors, such awards can signal management alignment with company targets but will dilute existing shareholders if and when the awards vest and are settled.