Xu Dingbo 4

What Happened

• Xu Dingbo, a director of JD.com (JD), had restricted share units (RSUs) vest on May 22, 2026. The vesting resulted in the conversion/settlement of 14,934 RSUs into 7,467 American Depositary Shares (ADSs). Both the acquisition of ADSs and disposition/conversion of the RSUs were reported at $0.00 — there was no cash purchase or sale.

Key Details

• Transaction date: May 22, 2026; Report filed: May 26, 2026 (appears timely).
• Reported entries: acquired 7,467 ADSs @ $0.00; disposed/converted 14,934 RSU-related derivative units @ $0.00.
• Shares owned after transaction: not stated in the Form 4 provided.
• Footnotes from the filing: (F1) ADSs received upon vesting/settlement; (F2) each RSU = contingent right to 1 Class A ordinary share; (F3) the RSUs vested on May 22, 2026 and have no expiration date.
• No 10b5-1 plan, tax withholding sale, or open-market sale was reported in these entries.

Context

• This was a routine RSU vesting/settlement, not an open-market buy or sale. Because ADSs represent two Class A ordinary shares, the 14,934 underlying Class A shares from RSU vesting were delivered as 7,467 ADSs. Such vesting events are common compensation-related transactions and do not, by themselves, indicate a change in the insider’s market view.