Huang Ming 4

What Happened
Huang Ming, a director of JD.com, received an award of 37,638 restricted share units (RSUs) on May 15, 2026. The filing reports an acquisition at $0.00 per unit (a derivative award rather than a cash purchase or sale). These RSUs represent the contingent right to receive one Class A ordinary share per unit when vested.

Key Details

• Transaction date and type: 2026-05-15 — Award/Grant (transaction code A), 37,638 RSUs at $0.00.
• Price/Value shown on Form 4: $0.00 (grant of derivative awards; no cash exchanged at grant).
• Shares/units owned after transaction: Not specified in the provided filing.
• Vesting/footnotes: Per the filing, RSUs were granted on May 15, 2026 and vest over a 2-year schedule in equal installments starting March 7, 2027; the units have no expiration date. (Footnote: each RSU equals the right to one Class A ordinary share.)
• Timeliness: Filing date matches transaction date (May 15, 2026), indicating a timely report.

Context
RSU grants are a common form of compensation and are a contingent, non-cash award — they do not represent immediate share ownership until vesting/settlement. The economic value to the insider will depend on JD.com's share price when RSUs vest and are settled. This grant is informational rather than a buying/selling signal; it reflects compensation awarded to a director.