Newman Daniel Antony 4

What Happened Daniel Antony Newman, Chief Financial Officer of GDS Holdings Ltd (GDS), acquired 161,492 American Depositary Shares (ADSs) on April 30, 2026. The Form 4 reports the ADSs were received at $0.00 (settlement of vested RSUs). Each ADS represents eight Class A ordinary shares, so this equals 1,291,936 underlying ordinary shares.

Key Details

• Transaction date: 2026-04-30; Report filed: 2026-05-04.
• Reported transaction: Other acquisition (code J) — 161,492 ADSs acquired at $0.00.
• Underlying shares: 161,492 ADSs × 8 = 1,291,936 Class A ordinary shares.
• Footnotes: ADSs resulted from settlement of fully vested Restricted Stock Units after performance certification on April 23, 2026 and satisfaction of time conditions (F2). Ofira Capital Limited (a BVI entity of which Mr. Newman is the sole beneficial owner) is referenced in the filing (F3). Each ADS equals 8 Class A ordinary shares (F1).
• Shares owned following the transaction: not specified in the provided summary of the filing.

Context These shares were issued on settlement of RSUs (a form of compensation), not an open-market purchase or sale. Receiving vested RSUs is a routine insider compensation event and does not by itself indicate a buy/sell market signal. The filing shows the transaction date and the subsequent Form 4 filing date; consult the full SEC filing for exact ownership totals and any additional details.