Pony AI (PONY)

Dilution

Foreign companies report shares and ADSs in mixed ways, so the share count isn't charted here.

Insider trades

Bought or sold on the open market

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

• Apr 2, 2026S-8Registered shares for employee stock plans
• Feb 13, 2025S-8Registered shares for employee stock plans
• Nov 27, 2024424B4Final prospectus for an offering

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

• Nov 5, 20266-KReport from a foreign company: FORM 6-K
• Oct 20, 20266-KReport from a foreign company: FORM 6-K
• Oct 9, 20266-KReport from a foreign company: FORM 6-K
• Oct 7, 20266-KReport from a foreign company: FORM 6-K
• Oct 2, 20266-KReport from a foreign company: FORM 6-K
• Sep 23, 20266-KReport from a foreign company: FORM 6-K
• Sep 4, 20266-KReport from a foreign company: FORM 6-K
• Aug 25, 20266-KReport from a foreign company: FORM 6-K
• Aug 18, 20266-KReport from a foreign company: FORM 6-K
• Aug 14, 20266-KReport from a foreign company: FORM 6-K
• Aug 6, 20266-KReport from a foreign company: FORM 6-K
• Jul 17, 20266-KReport from a foreign company: FORM 6-K
• Jul 9, 20266-KReport from a foreign company: FORM 6-K
• Jul 7, 20266-KReport from a foreign company: FORM 6-K
• Jun 10, 20266-KReport from a foreign company: FORM 6-K
• Jun 8, 20266-KReport from a foreign company: FORM 6-K
• Jun 4, 20266-KReport from a foreign company: FORM 6-K
• Jun 3, 20266-KReport from a foreign company: FORM 6-K
• May 26, 20266-KReport from a foreign company: FORM 6-K
• May 7, 20266-KReport from a foreign company: FORM 6-K
• May 6, 20266-KReport from a foreign company: FORM 6-K
• Apr 22, 20266-KReport from a foreign company: FORM 6-K
• Apr 22, 20266-KReport from a foreign company: FORM 6-K
• Apr 16, 20266-KReport from a foreign company: FORM 6-K
• Apr 2, 20266-KReport from a foreign company: FORM 6-K

What changed in the latest annual report

Comparing the risk factors in the 20-F filed Apr 22, 2026 with the one filed Apr 25, 2025: 11 new and 6 removed, out of 97.

New this year

• The laws and regulations on the autonomous driving industry in the jurisdictions we operate in are evolving and subject to change, and changes in these laws and regulations may materially and adversely affect us.
• We use certain open source technology in our business, which could expose us to information security vulnerabilities, result in failures, errors and defects, or subject us to possible litigation or to certain unfavorable conditions.
• We may not be able to comply with data privacy, data protection, and information security requirements and we are subject to cyber-attacks, security incidents and data breaches, which could adversely affect our business, financial condition and results of operations.
• Any error, bug, vulnerability, systems defect or failure, disruption or unauthorized access, such as cyber-attacks, to the servers, networks, IT infrastructure and data processing systems we rely on due to internal or external factors could diminish demand for our products and services, harm our…
• We are exposed to risks in connection with the fair value change of our long-term and short-term investments and related valuation uncertainty.
• We are subject to U.S. export controls that could restrict our ability to transfer certain products and technologies, and increasingly restrictive controls toward China's artificial intelligence industry could limit our ability to obtain advanced semiconductors and other technology needed for…
• The characteristics of the U.S. capital markets and the Hong Kong capital markets are different.
• There is uncertainty as to whether Hong Kong stamp duty will apply to the trading or conversion of the ADSs following our initial public offering in Hong Kong and listing of our Class A ordinary shares on the Stock Exchange.
• The deposit of our Class A ordinary shares for delivery of ADSs and the surrender of ADSs for cancelation and withdrawal of our Class A ordinary shares may adversely affect the liquidity or trading price of our securities.
• The time required for the deposit of our Class A ordinary shares for delivery of ADSs and the surrender of ADSs for cancelation and withdrawal of our Class A ordinary shares might be longer than expected and investors might not be able to settle or effect any sale of their securities during this…
• We may be subject to securities litigation, which is expensive and could divert management attention.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Pony AI's filings

Opens the SEC's own full-text search in a new tab, limited to PONY. Every PONY filing on EDGAR.