Alibaba Group (NYSE: BABA) HR chief exercises RSUs, sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alibaba Group Holding Ltd’s Chief People Officer Jiang Fang reported routine equity compensation activity. On March 25, 2026, restricted share units vested and were converted into a total of 37,333 ordinary shares, including units that settled into American Depositary Shares where each ADS represents eight ordinary shares.
On the same date, 16,848 ordinary shares were sold at a weighted average price of $16.10 per share in Hong Kong to satisfy tax withholding obligations related to this vesting, as described in the footnotes. After these transactions, Jiang Fang held 5,554,653 ordinary shares directly and additional ordinary shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,848 shares ($271,253)
Net Sell
16 txns
Insider
Jiang Fang
Role
Chief People Officer
Sold
16,848 shs ($271K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 2,672 | $0.00 | -- |
| Exercise | Restricted Share Units | 7,464 | $0.00 | -- |
| Exercise | Restricted Share Units | 10,528 | $0.00 | -- |
| Exercise | Restricted Share Units | 10,672 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,664 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,667 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,666 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,672 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,464 | $0.00 | -- |
| Exercise | Ordinary Shares | 10,528 | $0.00 | -- |
| Exercise | Ordinary Shares | 10,672 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,664 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,667 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,666 | $0.00 | -- |
| Sale | Ordinary Shares | 16,848 | $16.10 | $271K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Ordinary Shares — 5,536,840 shares (Direct);
Ordinary Shares — 23,116,864 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 129, 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, 2023, 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-one quarterly installments, with 1/6 vesting on Jul 1, 2025 and 1/24 quarterly thereafter beginning on Oct 1, 2025, 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 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) report for Jiang Fang?
Alibaba reported that Chief People Officer Jiang Fang had restricted share units vest into 37,333 ordinary shares on March 25, 2026, and 16,848 ordinary shares were sold the same day to cover tax withholding obligations related to this vesting, according to the filing’s footnotes.