SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
He Xiaopeng

(Last) (First) (Middle)
NO.10, CENCUN FENGZHUANG AVENUE,
TIANHE DISTRICT

(Street)
GUANGZHOU 510640

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
XPENG INC. [ XPEV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
checkbox checked Director checkbox checked 10% Owner
checkbox checked Officer (give title below) Other (specify below)
Chairman & CEO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checked Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares 1,000,000 D
Class A ordinary shares 3,100,000 I By Galaxy Dynasty Limited
Class B ordinary shares 327,708,257 I By Simplicity Holding Limited
Class B ordinary shares 21,000,000 I By Respect Holding Limited
American Depositary Shares(1) 2,200,000 I By Simplicity Holding Limited
American Depositary Shares(1) 1,419,922 I By Galaxy Dynasty Limited
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (2) (2) Class A ordinary shares 28,506,786 0 D
Explanation of Responses:
1. Each American Depositary Share represents two (2) Class A ordinary shares.
2. The reporting person was granted an aggregate of 28,506,786 Restricted Share Units (RSUs) under the 2025 Share Incentive Scheme on March 19, 2025. Upon vesting of the applicable RSUs, the grantee shall be entitled to receive the same amount of Class A ordinary shares of the Company with nil purchase price. Following a 12-month vesting period, the RSUs will vest in three equal tranches when the arithmetic average closing price of XPeng Inc.'s ordinary shares for any 30 consecutive business days first reaches or exceeds HK$250, HK$500 and HK$750, respectively, in each case subject to continued employment through such date. To the extent any of the targets is not met by March 18, 2035, the unvested RSUs shall lapse.
/s/ He Xiaopeng 03/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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