| 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*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 03/18/2026 | 3. Issuer Name and Ticker or Trading Symbol
Pony AI Inc. [ PONY ] | |||||||||||||||
| 3a. Foreign Trading Symbol
| 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)
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| 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) |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 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 | ||||
| Class B Ordinary Shares | (1) | (1) | Class A Ordinary Shares | 43,988,000 | (1) | D | |
| Class B Ordinary Shares | (1) | (1) | Class A Ordinary Shares | 13,990,000 | (1) | I | By Voting Trust(2) |
| Class B Ordinary Shares | (1) | (1) | Class A Ordinary Shares | 1,011,000 | (1) | I | By Juan Xu, as the trustee of the Alicia Peng Irrevocable Trust(3) |
| Class B Ordinary Shares | (1) | (1) | Class A Ordinary Shares | 1,011,000 | (1) | I | By Juan Xu, as the trustee of the Selena Peng Irrevocable Trust(3) |
| Explanation of Responses: |
| 1. Each Class B ordinary share is convertible at any time at the option of Mr. Jun Peng into one Class A ordinary share. In addition, each Class B ordinary share will be converted automatically into one Class A ordinary share upon any sale, transfer, assignment or disposition, or upon a change of beneficial ownership (subject to certain exceptions). |
| 2. Mr. Jun Peng is the sole trustee of the Voting Trust, and the beneficiaries of the Voting Trust are Mr. Jun Peng and his family member. |
| 3. Juan Xu is the trustee of each of the Alicia Peng Irrevocable Trust and the Selena Peng Irrevocable Trust. The settlors of both trusts are Mr. Jun Peng and his spouse, and the beneficiaries of each trust are family members of Mr. Jun Peng. Mr. Jun Peng serves as the sole investment advisor of each of the Alicia Peng Irrevocable Trust and the Selena Peng Irrevocable Trust, and is entitled to exercise sole power to direct the voting and other rights attached to the trust assets held thereunder (including the Class B ordinary shares). Mr. Jun Peng disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |
| Remarks: |
| Exhibit 24 - Power of Attorney |
| /s/ Tian Gao, Attorney-in-Fact for Jun Peng | 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) | ||