Dossier

Pony AI Inc.

Foreign private issuer insider filing sweep
8 findings 5 connections 0 entities

All Connections

5 total
Zhang Fei corporate strong

Zhang Fei (Fei ZHANG) filed Form 3 on 2026-03-18 as a director of Pony AI Inc. under HFIA initial reporting requirements.

Neumann Capital corporate strong

Neumann Capital (Cayman Islands) invested in Pony AI's Series B preferred stock on 2020-10-09 for cash. Preferred shares auto-converted to Class A ordinary shares at the November 2024 NASDAQ IPO. Neumann filed Form 144 on 2026-03-26 to sell 500,000 shares on HKEX.

Peng Jun controls strong

Dr. James (Jun) Peng is Chairman and CEO of Pony AI Inc., founded the company, and signed the 2026-03-26 6-K earnings release. Filed Form 3 on 2026-03-18 as initial HFIA reporter.

Lou Tiancheng corporate strong

Dr. Tiancheng Lou is CTO and a board director of Pony AI. Sold 31,250 Class A shares at $11.39 on 2026-03-25 (the only direct cash sale in the March 2026 Form 4 wave). Also vested RSUs in the same transaction.

FMR LLC corporate medium

FMR LLC (Fidelity) filed Schedule 13G on 2025-11-05 and 13G/A on 2026-02-05 for Pony AI Inc. Exact percentage and share count not yet extracted. Consistent institutional presence through both the NASDAQ and HKEX listing periods.

All Findings

8 total

financial (3)

financial high 2025-12-26

Five Pony AI officers sold a combined 373,580 ADS on NASDAQ on 2025-12-26 for ~$6.08M at ~$16.28/ADS as tax-withholding at RSU vesting, via Citigroup Global Markets. Sellers: Gao Tian (106,582 / $1.74M), Wang Haojun (80,897 / $1.32M), Zhang Ning (78,479 / $1.28M), Mo Luyi (61,835 / $1.01M), Li Hengyu (45,787 / $745k). All designated 'sold to cover tax only'.

financial high 2025-12-31

Pony AI FY2025 revenues: $90.0M (+20% YoY). Non-GAAP operating expenses: $244.2M (+43.7% YoY). Non-GAAP R&D: $196.3M (+42.5% YoY). Q4 2025 GAAP net income of $75.5M was entirely attributable to fair value gains on trading securities, not core operations. Non-GAAP Q4 net loss: $(49.0M). Gross margin: 15.7% FY2025.

Total revenues breakdown FY2025: Robotaxi $16.6M (+128.6%), Robotruck $40.6M (+0.6%), Licensing & Apps $32.8M (+19.7%). Cash, investments, restricted cash and WM products: $1,514.8M as of Dec 31, 2025 (up from $587.7M at Sep 30, 2025 following HK IPO in November 2025).

financial high 2026-03-25

CTO Lou Tiancheng sold 31,250 Class A shares at $11.39 per share (~$356,000) on 2026-03-25 per Form 4 (acc 0001104659-26-036130), the only officer/director cash sale in the March 2026 Form 4 reporting wave. Four other officers vested RSUs on the same date with no cash sales.

corporate (2)

corporate high 2024-11-27

Pony AI's US IPO on NASDAQ closed November 2024 via 424B4 final prospectus (acc 0001104659-24-123680). SEC file number 001-42409. The company filed an F-1 on 2024-10-17, with multiple F-1/A amendments through November 2024 and an FWP free writing prospectus on 2024-11-25.

corporate high 2025-11-01

Pony AI completed a second IPO on the Hong Kong Stock Exchange (HKEX: 2026) in November 2025, approximately one year after its US NASDAQ IPO (November 2024). The HK offering raised net proceeds sufficient to grow the balance sheet from $587.7M to $1,514.8M between Q3 and Q4 2025.

governance (3)

governance high 2026-03-18

Ten Pony AI officers and directors filed Form 3 initial ownership statements on 2026-03-18 under the HFIA reporting wave, establishing the first Section 16 reporting population for this foreign private issuer. All reported zero directly-held shares. Filers: CEO Peng Jun, CTO Lou Tiancheng (also director), CFO Wang Haojun, VP/GC Gao Tian, VP Mo Luyi, VP Zhang Ning, Officer Li Hengyu, Director Zhang Fei, Director Qiu Mark, Director Ahmed Asmau, Director Hamada Takeo.

governance medium 2026-03-29

Shares outstanding for Pony AI diverge between the NASDAQ (433,541,553 per Dec 2025 Form 144) and HKEX (352,452,783 per Mar 2026 Form 144) bases, a ~81M share gap that is unexplained at this stage. This may reflect different share classes or DR ratios, but warrants reconciliation against the 20-F and HK prospectus.

governance high 2026-03-30

Neumann Advisory Hong Kong Ltd, affiliate of Pony AI director Fei Zhang, filed Form 144 on 2026-03-26 to sell 500,000 Class A Ordinary Shares on HKEX via UBS AG for ~$5.54M (~$11.08/share) on 2026-03-30. Shares were pre-IPO Series B preferred acquired 2020-10-09 and converted at the November 2024 US IPO.

The Form 144 (acc 0001727862-26-000002) states: 'Neumann Capital, an exempted company incorporated with limited liability in the Cayman Islands, for which Neumann Advisory Hong Kong Ltd. provides services as investment advisor, and a separate account investment advisory client of Neumann Advisory. Fei Zhang, who serves on the Board of Directors of the issuer, is a director of Neumann Capital and the responsible officer of Neumann Advisory.' This is a discretionary sale, not a tax-withholding transaction. The selling entity is a Cayman Islands VC fund and its separately managed client.

Full Timeline

8 events
Pony AI's US IPO on NASDAQ closed November 2024 via 424B4 final prospectus (acc 0001104659-24-123680). SEC file number 001-42409. The company filed an F-1 on 2024-10-17, with multiple F-1/A amendments through November 2024 and an FWP free writing prospectus on 2024-11-25.
2024-11-27
Pony AI completed a second IPO on the Hong Kong Stock Exchange (HKEX: 2026) in November 2025, approximately one year after its US NASDAQ IPO (November 2024). The HK offering raised net proceeds sufficient to grow the balance sheet from $587.7M to $1,514.8M between Q3 and Q4 2025.
2025-11-01
Five Pony AI officers sold a combined 373,580 ADS on NASDAQ on 2025-12-26 for ~$6.08M at ~$16.28/ADS as tax-withholding at RSU vesting, via Citigroup Global Markets. Sellers: Gao Tian (106,582 / $1.74M), Wang Haojun (80,897 / $1.32M), Zhang Ning (78,479 / $1.28M), Mo Luyi (61,835 / $1.01M), Li Hengyu (45,787 / $745k). All designated 'sold to cover tax only'.
2025-12-26
Pony AI FY2025 revenues: $90.0M (+20% YoY). Non-GAAP operating expenses: $244.2M (+43.7% YoY). Non-GAAP R&D: $196.3M (+42.5% YoY). Q4 2025 GAAP net income of $75.5M was entirely attributable to fair value gains on trading securities, not core operations. Non-GAAP Q4 net loss: $(49.0M). Gross margin: 15.7% FY2025.
2025-12-31
Ten Pony AI officers and directors filed Form 3 initial ownership statements on 2026-03-18 under the HFIA reporting wave, establishing the first Section 16 reporting population for this foreign private issuer. All reported zero directly-held shares. Filers: CEO Peng Jun, CTO Lou Tiancheng (also director), CFO Wang Haojun, VP/GC Gao Tian, VP Mo Luyi, VP Zhang Ning, Officer Li Hengyu, Director Zhang Fei, Director Qiu Mark, Director Ahmed Asmau, Director Hamada Takeo.
2026-03-18
CTO Lou Tiancheng sold 31,250 Class A shares at $11.39 per share (~$356,000) on 2026-03-25 per Form 4 (acc 0001104659-26-036130), the only officer/director cash sale in the March 2026 Form 4 reporting wave. Four other officers vested RSUs on the same date with no cash sales.
2026-03-25
Shares outstanding for Pony AI diverge between the NASDAQ (433,541,553 per Dec 2025 Form 144) and HKEX (352,452,783 per Mar 2026 Form 144) bases, a ~81M share gap that is unexplained at this stage. This may reflect different share classes or DR ratios, but warrants reconciliation against the 20-F and HK prospectus.
2026-03-29
Neumann Advisory Hong Kong Ltd, affiliate of Pony AI director Fei Zhang, filed Form 144 on 2026-03-26 to sell 500,000 Class A Ordinary Shares on HKEX via UBS AG for ~$5.54M (~$11.08/share) on 2026-03-30. Shares were pre-IPO Series B preferred acquired 2020-10-09 and converted at the November 2024 US IPO.
2026-03-30