PONY: Peng Jun discloses securities transactions

By AlphaYouPublished Oct 2, 2026Form 4

Stocks in this disclosure

Reported activity

Peng Jun

Reporting filer

Peng Jun reported Other (see filing) in Pony AI Inc.: 3000000 units of Forward Sale Contract (obligation to sell) (derivative), dated 2026-09-30. The full Form 4 contains 1 transaction entry.

Disclosed: Oct 2, 2026

Reported details

1 entry

All validated entries in this disclosure
Security	Owner	Date	Code	Action	Quantity	Price	Following holdings	Reporting delay	Filed terms and references
Forward Sale Contract (obligation to sell) (derivative)	Peng Jun	2026-09-30	J	Other (see filing)	3000000	Not stated (see footnotes)	3,000,000	2 days	Filed terms security Title: Forward Sale Contract (obligation to sell) id: F1 id: F2 id: F3 transaction Date: 2026-09-30 deemed Execution Date: transaction Form Type: 4 transaction Code: J equity Swap Involved: 0 id: F1 id: F2 id: F3 transaction Timeliness: transaction Shares: 3000000 id: F1 id: F2 id: F3 transaction Acquired Disposed Code: A id: F2 id: F3 id: F2 id: F3 underlying Security Title: Class A ordinary shares underlying Security Shares: 3000000 shares Owned Following Transaction: 3000000 direct Or Indirect Ownership: I nature Of Ownership: See footnote id: F4

Forward Sale Contract (obligation to sell) (derivative)

Owner: Peng Jun
Date: 2026-09-30
Code: J
Action: Other (see filing)
Quantity: 3000000
Price: Not stated (see footnotes)
Following holdings: 3,000,000
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Forward Sale Contract (obligation to sell)
id: F1
id: F2
id: F3
transaction Date: 2026-09-30
deemed Execution Date:
transaction Form Type: 4
transaction Code: J
equity Swap Involved: 0
id: F1
id: F2
id: F3
transaction Timeliness:
transaction Shares: 3000000
id: F1
id: F2
id: F3
transaction Acquired Disposed Code: A
id: F2
id: F3
id: F2
id: F3
underlying Security Title: Class A ordinary shares
underlying Security Shares: 3000000
shares Owned Following Transaction: 3000000
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F4

Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.
Peng Jun: Chief Executive Officer, Director.
F1: On September 30, 2026, MyKornucopia Limited ("MyKornucopia") entered into a prepaid variable forward transaction (aka "collar financing") with an unaffiliated third party buyer. The transaction obligates MyKornucopia to deliver to the buyer up to 3,000,000 aggregate shares of the Issuer's Class A ordinary shares (or at MyKornucopia's election, an equivalent amount of cash) on specified dates in 2028. In exchange for assuming this obligation, MyKornucopia received an aggregate cash payment. MyKornucopia has granted security over 3,000,000 Class B ordinary shares of the Issuer (the "Charged Class B Shares") to secure its obligations under the transaction, and retained dividend and voting rights in the Charged Class B Shares during the term of the transaction but may be required to make cash payments upon the occurrence of certain dividends declared prior to settlement.
F2: This transaction is divided into 30 individual components (each comprising 100,000 shares) (the "Component Shares") of Class A ordinary shares). The number of Class A ordinary shares to be delivered to the buyer with respect to each component at settlement will be based on the volume weighted average price per share of the Class A ordinary shares on the Stock Exchange of Hong Kong Limited for each day during the Valuation Period (the "Settlement Price") as follows: (A) if the Settlement Price for any component is less than a floor price that is based on the price at which the buyer established its initial hedge position during the initial hedging period (the "Floor Price"), MyKornucopia will deliver for that component the Component Shares; (B) if the Settlement Price for any component is less than or equal to a cap price that is based on the price at which the buyer established its initial hedge position during the initial hedging period (the "Cap Price"),
F3: (continued from Footnote 2) but greater than the Floor Price, MyKornucopia will deliver for that component a number of Class A ordinary shares equal to (i) the Component Shares, multiplied by a fraction, the numerator of which is the Floor Price and the denominator of which is the Settlement Price; and (C) if the Settlement Price for any component is greater than the Cap Price, MyKornucopia will deliver for that component a number of shares equal to (i) the Component Shares, multiplied by (ii) a fraction, the numerator of which is the sum of (x) the Floor Price and (y) the Settlement Price minus the Cap Price, and the denominator of which is the Settlement Price, in each case rounded up to the nearest whole share.
F4: Mr. Peng is the sole shareholder of MyKornucopia and therefore may be deemed to beneficially own the securities held on record by MyKornucopia.

Original sources

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

Security

Owner

Date

Code

Action

Quantity

Price

Following holdings

Reporting delay

Filed terms and references

Forward Sale Contract (obligation to sell) (derivative)

Peng Jun

2026-09-30

Other (see filing)

3000000

Not stated (see footnotes)

3,000,000

2 days

Filed terms

security Title: Forward Sale Contract (obligation to sell)
id: F1
id: F2
id: F3
transaction Date: 2026-09-30
deemed Execution Date:
transaction Form Type: 4
transaction Code: J
equity Swap Involved: 0
id: F1
id: F2
id: F3
transaction Timeliness:
transaction Shares: 3000000
id: F1
id: F2
id: F3
transaction Acquired Disposed Code: A
id: F2
id: F3
id: F2
id: F3
underlying Security Title: Class A ordinary shares
underlying Security Shares: 3000000
shares Owned Following Transaction: 3000000
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F4

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.

Peng Jun: Chief Executive Officer, Director.

F1: On September 30, 2026, MyKornucopia Limited ("MyKornucopia") entered into a prepaid variable forward transaction (aka "collar financing") with an unaffiliated third party buyer. The transaction obligates MyKornucopia to deliver to the buyer up to 3,000,000 aggregate shares of the Issuer's Class A ordinary shares (or at MyKornucopia's election, an equivalent amount of cash) on specified dates in 2028. In exchange for assuming this obligation, MyKornucopia received an aggregate cash payment. MyKornucopia has granted security over 3,000,000 Class B ordinary shares of the Issuer (the "Charged Class B Shares") to secure its obligations under the transaction, and retained dividend and voting rights in the Charged Class B Shares during the term of the transaction but may be required to make cash payments upon the occurrence of certain dividends declared prior to settlement.

F2: This transaction is divided into 30 individual components (each comprising 100,000 shares) (the "Component Shares") of Class A ordinary shares). The number of Class A ordinary shares to be delivered to the buyer with respect to each component at settlement will be based on the volume weighted average price per share of the Class A ordinary shares on the Stock Exchange of Hong Kong Limited for each day during the Valuation Period (the "Settlement Price") as follows: (A) if the Settlement Price for any component is less than a floor price that is based on the price at which the buyer established its initial hedge position during the initial hedging period (the "Floor Price"), MyKornucopia will deliver for that component the Component Shares; (B) if the Settlement Price for any component is less than or equal to a cap price that is based on the price at which the buyer established its initial hedge position during the initial hedging period (the "Cap Price"),

F3: (continued from Footnote 2) but greater than the Floor Price, MyKornucopia will deliver for that component a number of Class A ordinary shares equal to (i) the Component Shares, multiplied by a fraction, the numerator of which is the Floor Price and the denominator of which is the Settlement Price; and (C) if the Settlement Price for any component is greater than the Cap Price, MyKornucopia will deliver for that component a number of shares equal to (i) the Component Shares, multiplied by (ii) a fraction, the numerator of which is the sum of (x) the Floor Price and (y) the Settlement Price minus the Cap Price, and the denominator of which is the Settlement Price, in each case rounded up to the nearest whole share.

F4: Mr. Peng is the sole shareholder of MyKornucopia and therefore may be deemed to beneficially own the securities held on record by MyKornucopia.