ZHANG NING (Vice President) sold 2.7% of their position (17.35K shares) of PONY AI INC. on the open market

Open‑market sale worth $119.0K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

ZHANG NING

Filed: 6/29/2026ACC: 0001104659-26-078822

InsiderZHANG NINGCIK 2075339

→

IssuerPONY AI INC.CIK 1969302

Officer· Vice President

Since Mar 2026

-17.35K

Net shares

Net seller

$119.0K

Total sold

Open market trades

0B · 1S

Total transactions

34.92K acquired · 52.26K disposed

Non-Derivative Transactions5

Class A Ordinary Shares

Direct

M · Option Exercise

+3.67K

Price / share

—

Trade value

—

% of position

0.6%

6/25/2026

612.54K→616.21K

Class A Ordinary Shares

Direct

M · Option Exercise

+1.25K

Price / share

—

Trade value

—

% of position

0.2%

6/25/2026

616.21K→617.46K

Class A Ordinary Shares

Direct

M · Option Exercise

+10K

Price / share

—

Trade value

—

% of position

1.6%

6/25/2026

617.46K→627.46K

Class A Ordinary Shares

Direct

M · Option Exercise

+20K

Price / share

—

Trade value

—

% of position

3.2%

6/25/2026

627.46K→647.46K

Class A Ordinary Shares

Direct

S · Sale

−17.35K

Price / share

$6.86

Trade value

$118.99K

% of position

2.7%

6/26/2026

647.46K→630.11K

Total

Net shares

+17.57K

Net value

-$118.99K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Ordinary Shares Direct	6/25/2026	M · Option Exercise	+3.67K	—	—	0.6%	612.54K	616.21K
Class A Ordinary Shares Direct	6/25/2026	M · Option Exercise	+1.25K	—	—	0.2%	616.21K	617.46K
Class A Ordinary Shares Direct	6/25/2026	M · Option Exercise	+10K	—	—	1.6%	617.46K	627.46K
Class A Ordinary Shares Direct	6/25/2026	M · Option Exercise	+20K	—	—	3.2%	627.46K	647.46K
Class A Ordinary Shares Direct	6/26/2026	S · Sale	−17.35K	$6.86	$118.99K	2.7%	647.46K	630.11K
Total			+17.57K		-$118.99K

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Ordinary Shares

3.67K shares

−3.67K

Strike price

Held after

0.00

Exercisable

—

6/25/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Ordinary Shares

1.25K shares

−1.25K

Strike price

Held after

4.17K

Exercisable

—

6/25/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Ordinary Shares

10K shares

−10K

Strike price

Held after

56.67K

Exercisable

—

6/25/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Ordinary Shares

20K shares

−20K

Strike price

Held after

186.67K

Exercisable

—

6/25/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Class A Ordinary Shares3.67K shares	6/25/2026	M · Option Exercise	−3.67K	—	0.00
Restricted Stock Units Direct	Class A Ordinary Shares1.25K shares	6/25/2026	M · Option Exercise	−1.25K	—	4.17K
Restricted Stock Units Direct	Class A Ordinary Shares10K shares	6/25/2026	M · Option Exercise	−10K	—	56.67K
Restricted Stock Units Direct	Class A Ordinary Shares20K shares	6/25/2026	M · Option Exercise	−20K	—	186.67K