JD.com (NASDAQ: JD) Rule 144: Proposed sale of 12,800 ADRs after RSU vesting
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
JD.com, Inc. filing a Rule 144 notice for the proposed sale of 12,800 ADRs (each ADR represents two Class A ordinary shares). The filing shows vesting of Restricted Share Units on 04/01/2026 tied to 12,800 ADS and prior sales of 2,806 ADS on 01/02/2026.
Positive
- None.
Negative
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Insights
Rule 144 notice documents a planned resale of ADRs after RSU vesting.
The filing lists a proposed sale of 12,800 ADRs, with the ADR defined as representing two Class A ordinary shares and RSU vesting dated 04/01/2026. It also records prior dispositions of 2,806 ADS on 01/02/2026.
Timing, method of sale, and cash‑flow recipients are not detailed in the excerpt; subsequent SEC filings or broker disclosures would show execution details and actual proceeds.
Key Figures
Proposed ADRs to be sold: 12,800 ADRs
ADR representation: 1 ADR = 2 Class A ordinary shares
RSU vesting date: 04/01/2026
+1 more
4 metrics
Proposed ADRs to be sold
12,800 ADRs
Listed in Rule 144 notice
ADR representation
1 ADR = 2 Class A ordinary shares
ADR definition shown in filing
RSU vesting date
04/01/2026
Vesting of Restricted Share Units tied to 12,800 ADS
ADS sold in past 3 months
2,806 ADS
Disposition recorded on 01/02/2026
Key Terms
ADR, Restricted Share Units, Rule 144
3 terms
ADR financial
"ADR(each representing two Class A ordinary shares)"
An American Depositary Receipt (ADR) is a financial certificate that lets investors buy shares of a foreign company through U.S. stock markets, similar to buying a local wrapper that represents the underlying foreign shares. ADRs matter because they make investing in overseas companies easier and more liquid by trading in U.S. dollars and under U.S. market rules, while still carrying currency, regulatory, and country-specific risks that can affect share value.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
What does JD's Rule 144 filing mean for holders of JD ADRs?
It notifies the SEC of a proposed resale of 12,800 ADRs. The filing documents RSU vesting on 04/01/2026 and a prior sale of 2,806 ADS on 01/02/2026; it does not state sale timing or proceeds.
Who is listed as offering the ADRs in the JD Rule 144 notice?
The Core Securities Company Limited appears in the filing connected to the ADR line. The excerpt links that entity to the ADR record and shows the ADS instrument representing two Class A ordinary shares.
How many ADS were sold in the past three months per the filing?
The filing records 2,806 ADS sold on 01/02/2026. This is the disclosed recent disposition amount; the document does not provide sale prices or which party received proceeds in that transaction.