Peng Fan - 18 Mar 2026 Form 3 Insider Report for Hesai Group (HSAI)

Role
Chief Financial Officer
Signature
/s/ Peng Fan
Issuer symbol
HSAI
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 18:25:41 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fan Peng Chief Financial Officer 10TH FLOOR, BUILDING A, NO. 658 ZHAOHUA ROAD, CHANGNING DISTRICT, SHANGHAI, CHINA /s/ Peng Fan 18 Mar 2026 0002103305

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HSAI American depositary shares 48,000 18 Mar 2026 Direct F1
holding HSAI Class B ordinary shares 1,600 18 Mar 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 50,000 Direct F2
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 50,000 Direct F3
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 50,000 Direct F4
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 8,000 Direct F5
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 8,000 Direct F6
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 8,000 Direct F7
holding HSAI Restricted share units 18 Mar 2026 Class B ordinary shares 8,000 Direct F8
holding HSAI Options (right to buy) 18 Mar 2026 Class B ordinary shares 10,000 $0.9000 Direct
holding HSAI Options (right to buy) 18 Mar 2026 Class B ordinary shares 10,000 $0.9000 Direct
holding HSAI Options (right to buy) 18 Mar 2026 Class B ordinary shares 10,000 $0.9000 Direct
holding HSAI Options (right to buy) 18 Mar 2026 Class B ordinary shares 10,000 $0.9000 Direct
holding HSAI Options (right to buy) 18 Mar 2026 Class B ordinary shares 11,468 $0.9000 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American depositary share represents one Class B ordinary share.
F2 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F3 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F4 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F5 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F6 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F7 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F8 Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2029 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
F9 Option to purchase 1,732 Class B ordinary shares has vested as of the date of this filing, and the remaining option will vest on a monthly basis since April 1, 2026, with 286 Class B ordinary shares vesting each month until December 1, 2028 and 298 Class B ordinary shares vesting on January 1, 2029.