LIM AH DOO 4

What Happened

• Lim Ah Doo, a director of GDS Holdings Ltd (GDS), acquired 1,390 American Depositary Shares (ADSs) on May 15, 2026 through the settlement of fully vested Restricted Stock Units (RSUs). The Form 4 reports a per-share price of $0.00 and total cash consideration of $0.00 (code J — other acquisition). Each ADS represents eight (8) Class A ordinary shares, so the ADSs equal 11,120 underlying ordinary shares.

Key Details

• Transaction date: 2026-05-15; Report filed: 2026-05-18 (timely filed within required Form 4 window).
• Reported price: $0.00; Reported cash value: $0.
• Transaction code: J (other acquisition — settlement of RSUs per footnote).
• Shares owned after transaction: Not reported in this Form 4.
• Footnotes: F1 — each ADS = 8 Class A ordinary shares. F2 — acquisition reflects settlement of fully vested RSU awards.

Context

• This was a non‑cash settlement of previously granted RSUs (an award vesting), not an open‑market purchase or sale. Such filings record issuance/settlement of compensation awards and do not by themselves imply a buy/sell sentiment.