SEC Form 4 · accession 0001104659-26-109030
Hesai Group · HSAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peng Fan
Officer — Chief Financial Officer
Period of report
Sep 19, 2026
Accepted (ET)
Sep 21, 2026 · 6:02 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001861737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| American depositary sharesF1 | Sep 19, 2026 | M | 50,000 | $0.00 | A | 98,000 | D | |
| Class B ordinary shares | holding | — | — | — | 12,800 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted share unitsF3,F2 | — | Sep 19, 2026 | M | 50,000 | D | — | — | Class B ordinary share | 400,000 | 800,000 | D |
Explanation of responses
- F1Each American depositary share represents eight Class B ordinary share.
- F2The restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
- F3The restricted share units vested on September 19, 2026, and do not have expiration dates. The underlying award agreement also includes outstanding restricted share units for 800,000 Class B ordinary shares, with 400,000 vesting on each of September 19, 2027 and September 19, 2028.
Remarks
On July 10, 2026, Hesai Group implemented a 1-for-8 stock split of its Class B ordinary share. All amounts reported herein have been adjusted to give effect to this stock split.