XPENG-W (09868) announced that on October 1, 2025, the company granted a total of 5,075,900 restricted stock units (representing an equivalent number of Class A ordinary shares) under its 2025 Stock Incentive Plan to one senior management member and 318 employees, subject to acceptance by the respective grantees.
None of the restricted stock unit grants require approval from the company's shareholders. Additionally, none of the grantees are directors, chief executive officers, or major shareholders of the company, nor are they associates of any of the aforementioned parties.