Summary by Moomoo AI
Chen Yonghai, an officer at XPeng Inc., is set to sell 10,020 Class A Ordinary Shares of the company on 02/22/2024, according to a recent filing. The shares, valued at an aggregate market value of $45,090, were originally acquired on 01/28/2022 as part of an employee benefit through the vesting of Restricted Stock Units (RSUs) under the company's equity incentive plan. This transaction follows a period where no other sales were reported in the past three months. The planned sale was formalized with a notice on 02/21/2024, the same day the sale plan was adopted.