Li Auto Inc. (LI) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Li Auto Inc. (LI) CIK: 0001791706 --- Reporting Owner --- Name: Xie Yan CIK: 0001966254 Role: Officer (Chief Technology Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A ordinary shares Date: 2026-06-15 | Code: M (Exercise of derivative) Shares: +200,000 | Price: $0.00 Shares Owned After: 506,064 | Ownership: D (Direct) Footnotes: [F1] Acquired upon vesting and settlement of restricted share units. [Transaction #2] Security: Class A ordinary shares Date: 2026-06-15 | Code: F (Payment of exercise/tax) Shares: -96,588 | Price: $7.21 Total Value: $696,399.48 Shares Owned After: 409,476 | Ownership: D (Direct) Footnotes: [F2] Represents Class A ordinary shares (in the form of ADSs) sold pursuant to a sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units. --- Derivative Transactions --- [Transaction #1] Security: Restricted Share Units Date: 2026-06-15 | Code: M (Exercise of derivative) Shares: -200,000 | Price: $0.10 Shares Owned After: 200,000 | Ownership: D (Direct) Footnotes: [F3] Each restricted share unit represents the contingent right to receive one Class A ordinary share. [F4] These restricted shares units were vested on June 15, 2026 and do not have an expiration date. [F4] These restricted shares units were vested on June 15, 2026 and do not have an expiration date. [Transaction #2] Security: Share Options (right to buy) Date: 2026-06-15 | Code: A (Grant or award) Shares: +5,000,000 | Price: $0.00 Shares Owned After: 5,000,000 | Ownership: D (Direct) Footnotes: [F5] The options will vest upon the first achievement of certain tiered targets. See Exhibit 99.1 to the issuer's current report on Form 6-K dated June 16, 2026 for further details. [F5] The options will vest upon the first achievement of certain tiered targets. See Exhibit 99.1 to the issuer's current report on Form 6-K dated June 16, 2026 for further details. [F6] Each American depositary share represents two Class A ordinary shares. --- Footnotes (Complete Index) --- F1: Acquired upon vesting and settlement of restricted share units. F2: Represents Class A ordinary shares (in the form of ADSs) sold pursuant to a sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units. F3: Each restricted share unit represents the contingent right to receive one Class A ordinary share. F4: These restricted shares units were vested on June 15, 2026 and do not have an expiration date. F5: The options will vest upon the first achievement of certain tiered targets. See Exhibit 99.1 to the issuer's current report on Form 6-K dated June 16, 2026 for further details. F6: Each American depositary share represents two Class A ordinary shares. --- Signature --- /s/ /s/ Xie Yan (2026-06-17)