EHang Holdings Ltd director Yang Nick Ning filed an initial statement of beneficial ownership with the SEC on November 10, 2026, reporting a beneficial interest in 100,000 Class A Ordinary Shares as of the event date of April 1, 2026.
Key Highlights
- Reporting person: Yang Nick Ning, listed as a Director of EHang Holdings Ltd (NASDAQ:EH).
- Event date: The date of the event requiring the statement was April 1, 2026.
- Beneficial ownership: Yang Nick Ning directly holds 100,000 Class A Ordinary Shares, all in the form of restricted share units (RSUs).
- Vesting schedule: Of the 100,000 RSUs, 25,000 vested on December 4, 2023; 25,000 on December 4, 2024; and 25,000 on December 4, 2025, with the remaining 25,000 scheduled to vest on December 4, 2026.
- ADS relationship: Each American Depositary Share represents two Class A Ordinary Shares, according to the filing.
- No derivative securities: Table II of the filing lists no derivative securities beneficially owned by the reporting person.
Yang Nick Ning's Initial Ownership Disclosure at EHang Holdings
EHang Holdings Ltd, the issuer identified in the filing under the ticker EH on NASDAQ, is the company to which Yang Nick Ning reports as a director. The filing states that Yang Nick Ning's entire beneficial ownership position of 100,000 Class A Ordinary Shares is held directly and consists entirely of restricted share units, each representing a contingent right to receive one Class A Ordinary Share upon settlement.
According to the filing, the RSU vesting is structured in four equal installments of 25,000 shares each. Three of those installments had already vested as of the filing date, on December 4, 2023, December 4, 2024, and December 4, 2025, respectively. The filing notes that the remaining 25,000 RSUs are "scheduled to vest on December 4, 2026, subject to the Reporting Person's continued service to the Issuer through such vesting date." The filing was signed by Nick Ning Yang on November 10, 2026, the same date it was submitted to the SEC.
The filing clarifies that Class A Ordinary Shares of EHang Holdings may be represented by American Depositary Shares, with each ADS representing two Class A Ordinary Shares. No indirect beneficial ownership and no derivative securities positions were reported for the director in this filing.
What Was Disclosed
Yang Nick Ning, a director at EHang Holdings Ltd (NASDAQ:EH), disclosed an initial beneficial ownership of 100,000 Class A Ordinary Shares, all in the form of RSUs with a four-tranche annual vesting schedule running from December 2023 through December 2026.




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