| 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 |
| |||||||||||||||
1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 03/18/2026 | 3. Issuer Name and Ticker or Trading Symbol
XPENG INC. [ XPEV ] | |||||||||||||||
| 3a. Foreign Trading Symbol
[9868.HK] | 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 6. Individual or Joint/Group Filing (Check Applicable Line)
| ||||||||||||||||
| 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. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 3: SEC 1473 (03-26) | ||