Baidu (NASDAQ: BIDU) director exits stake with 122,584-share sale

Rhea-AI Filing Summary

Baidu, Inc. director Foo Jixun reported an open-market sale of 122,584 Class A ordinary shares of Baidu on May 21, 2026 at an average price of $16.317 per share. Following this transaction, the filing shows he directly owns 0 shares of Baidu stock.

Insider Trade Summary

Net Seller: 122,584 shares ($2,000,203)

Net Sell 1 txn

Insider Foo Jixun

Role null

Sold 122,584 shs ($2.00M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	122,584	$16.317	$2.00M

Holdings After Transaction: Class A ordinary shares — 0 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 122,584 shares Sale price: $16.317 per share Shares after transaction: 0 shares

3 metrics

Shares sold 122,584 shares Class A ordinary shares sold in open market

Sale price $16.317 per share Average price for the reported sale

Shares after transaction 0 shares Directly owned Class A shares post-transaction

Key Terms

Class A ordinary shares, open-market sale, Form 4

3 terms

Class A ordinary shares financial

"security_title: "Class A ordinary shares""

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Foo Jixun

(Last) (First) (Middle)

NO. 10 SHANGDI 10TH STREET

(Street)

BEIJING CHINA 100085

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Baidu, Inc. [ BIDU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	05/21/2026		S		122,584	D	$16.317	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

1. The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents eight Class A ordinary shares.

	/s/ FOO JIXUN	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Baidu (BIDU) director Foo Jixun report in this Form 4?

Director Foo Jixun reported an open-market sale of 122,584 Baidu Class A ordinary shares. The shares were sold at an average price of $16.317 per share, and after the transaction his directly held Baidu share balance reported in the filing is zero.

How many Baidu (BIDU) shares did the director sell and at what price?

The director sold 122,584 Baidu Class A ordinary shares in one reported transaction. The average sale price was $16.317 per share, indicating a single sizable disposal of stock at that specific per-share value on the reported trade date.

Does the Baidu (BIDU) Form 4 show any shares remaining after the sale?

The Form 4 reports that total Class A ordinary shares directly owned by the director after the transaction are zero. This means the filing shows no remaining directly held Baidu shares for this reporting person following the disclosed open-market sale.

Was the Baidu (BIDU) transaction a buy or a sell by the insider?

The transaction was a sell. The Form 4 classifies it as an open-market sale, coded “S,” for 122,584 Class A ordinary shares, with the transaction_direction field explicitly indicating “sell” rather than a purchase or other type of acquisition.

Does this Baidu (BIDU) Form 4 include any derivative or option exercises?

No derivative or option exercises are listed in this Form 4. The filing only reports a single non-derivative transaction in Baidu Class A ordinary shares and shows an empty derivativeSummary section, indicating no options or similar instruments in this report.