Wu Jiaming 4

What Happened
Wu Jiaming, Vice President of Finance & Accounting at XPENG Inc. (XPEV), received 43,558 Class A ordinary shares when restricted share units (RSUs) vested. The Form 4 reports a derivative conversion/exercise (code M) on July 2, 2026: 43,558 shares acquired at $0.00 (issued upon vesting). This was an issuance from compensation (not an open‑market purchase or sale).

Key Details

• Transaction date: July 2, 2026 (Form 4 filed July 6, 2026). Reported as exercise/conversion of a derivative (code M).
• Shares and price: 43,558 shares issued/converted at $0.00 (nil purchase price).
• Ownership after transaction: Not specified in the supplied filing details.
• Footnotes: RSUs were granted on July 14, 2023 (total grant 174,232 RSUs). RSUs vest in four equal annual installments from July 1, 2023; 43,558 RSUs vested on July 1, 2026 (shares issued July 2, 2026), with another 43,558 scheduled to vest July 1, 2027.
• Timeliness: Filed July 6, 2026 — within the SEC’s two-business-day window given July 3 was an observed holiday.

Context
This transaction reflects routine compensation vesting (RSU conversion to shares), not a market sale or purchase. The filing shows issuance of shares with no cash outlay by the insider; such awards are common for employee compensation and do not necessarily indicate an insider trading signal.