Alibaba (NYSE: BABA) GC vests RSUs with tax-related share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alibaba Group Holding Ltd General Counsel Siying Yu reported routine equity compensation activity involving restricted share units and ordinary shares. On Mar 25, 2026, Yu exercised or vested derivative awards covering 47,610 ordinary shares, converting restricted share units into American Depositary Shares and ordinary shares under existing equity awards.
The filing also reports a sale of 21,472 ordinary shares at a weighted average price of $16.06 per share, with individual trades executed in Hong Kong dollars between HK$125 and HK$128.7 and converted at HK$7.8274 to $1.00. According to the disclosure, these shares were sold in the open market in Hong Kong to satisfy tax withholding obligations related to the vesting of restricted share units. After these transactions, Yu directly holds 600,503 ordinary shares and indirectly holds 3,809,664 ordinary shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,472 shares ($344,840)
Net Sell
12 txns
Insider
Yu Siying
Role
General Counsel
Sold
21,472 shs ($345K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 25,336 | $0.00 | -- |
| Exercise | Restricted Share Units | 5,600 | $0.00 | -- |
| Exercise | Restricted Share Units | 10,672 | $0.00 | -- |
| Exercise | Restricted Share Units | 3,336 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,666 | $0.00 | -- |
| Exercise | Ordinary Shares | 25,336 | $0.00 | -- |
| Exercise | Ordinary Shares | 5,600 | $0.00 | -- |
| Exercise | Ordinary Shares | 10,672 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,336 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,666 | $0.00 | -- |
| Sale | Ordinary Shares | 21,472 | $16.06 | $345K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Ordinary Shares — 599,701 shares (Direct);
Ordinary Shares — 3,809,664 shares (Indirect, By trust)
Footnotes (1)
- Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting. Reflects restricted share units that vested and settled into ordinary shares. Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging denominated in Hong Kong dollars ranging from 125 to 128.7, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8274 to US$1.00. Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award. The restricted share unit award granted in the form of ADSs that vests in six equal annual installments beginning on Apr 1, 2021, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Mar 25, 2026. This award has fully vested. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in six equal annual installments beginning on Apr 1, 2022, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Mar 25, 2026. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in six equal annual installments beginning on Apr 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Mar 25, 2026. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Mar 25, 2026. Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments on beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Mar 25, 2026.
FAQ
What insider transactions did Alibaba (BABA) General Counsel Siying Yu report?
Siying Yu reported vesting and exercise of restricted share units into Alibaba ordinary shares, plus a related sale of 21,472 ordinary shares. The sale was executed to cover tax withholding obligations arising from the RSU vesting, according to the disclosure.