Neumann Advisory Files to Sell Pony AI Shares

TL;DR

**Neumann Advisory is looking to sell Pony AI shares, watch for potential price impact.**

AI Summary

Neumann Advisory Hong Kong Ltd, a reporting entity, filed a Form 144 on March 26, 2026, indicating its intent to sell securities of Pony AI Inc. This filing signals a potential sale by an insider or affiliate, which could increase the supply of Pony AI stock on the market. For current or prospective shareholders, this matters because a significant sale by an affiliate could be perceived negatively, potentially putting downward pressure on the stock price due to increased supply or a signal of reduced confidence from an informed party.

Why It Matters

This filing indicates that an affiliate, Neumann Advisory Hong Kong Ltd, intends to sell shares of Pony AI Inc., which could increase the available supply of shares and potentially impact the stock price.

Risk Assessment

Risk Level: medium — The filing indicates a potential sale by an affiliate, which could lead to increased selling pressure on Pony AI Inc.'s stock.

Analyst Insight

An investor should monitor Pony AI Inc.'s stock price and trading volume in the near future for any signs of increased selling pressure, as this filing indicates a potential sale by an affiliate.

Key Players & Entities

• Neumann Advisory Hong Kong Ltd (company) — Reporting entity proposing to sell securities
• Pony AI Inc. (company) — Subject company whose securities are proposed to be sold
• March 26, 2026 (date) — Filing date of Form 144

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 4KB
• 0001727862-26-000002.txt ( ) — 5KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer Pony AI Inc. Address of Issuer 1301 PEARL DEVELOPMENT BUILDING 1 MINGZHU 1ST ST, HENGLI TWN, NANSHA DIST GUANGZHOU CHINA 511458 Phone 86 020-3466 7656 Name of Person for Whose Account the Securities are To Be Sold Neumann Advisory Hong Kong Ltd See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Affiliate of director Fei ZHANG 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Class A Ordinary Shares UBS AG 52/F, Two International Finance Centre, Central � K3 � 000000 500000 5540831.84 352452783 03/30/2026 HKEX Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Class A Ordinary Shares 10/09/2020 Pre-IPO purchases of Series B preferred shares, which preferred shares automatically converted into Class A ordinary shares in connection with the Issuer IPO Pre-IPO shareholders 1031880 10/09/2020 Cash * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks The securities referred to in this Form 144 are held directly by (a) Neumann Capital, an exempted company incorporated with limited liability in the Cayman Islands, for which Neumann Advisory Hong Kong Ltd., a company incorporated in Hong Kong (Neumann Advisory), provides services as investment advisor, and (b) a separate account investment advisory client of Neumann Advisory. Fei Zhang, who serves on the Board of Directors of the issuer, is a director of Neumann Capital and the responsible officer of Neumann Advisory. Date of Notice 03/26/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature Neumann Advisory Hong Kong Limited. ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR