JD.com Director Li Carol Yun Yau Receives 9,329 ADSs via RSU Vesting

What Happened

• Director Li Carol Yun Yau had restricted share units (RSUs) vest and be settled on September 23, 2026. The filing shows the conversion/exercise of derivative interests: 18,658 RSUs were settled (disposed as derivatives) and she received 9,329 American Depositary Shares (ADSs) at a $0.00 price (no cash paid). Each ADS represents two Class A ordinary shares, so the 9,329 ADSs correspond to the 18,658 underlying Class A shares.

Key Details

• Transaction date: September 23, 2026
• Transactions reported: 18,658 RSUs settled (derivative disposed) and 9,329 ADSs acquired at $0.00
• Total cash value paid: $0 (settlement from vested RSUs)
• Footnotes: F1–F3 confirm ADSs equal two Class A shares, each RSU equals one Class A share, and these RSUs vested on Sept 23, 2026 with no expiration date
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: Report filed the same day (Sept 23, 2026), indicating a timely filing

Context

• This was a vesting/settlement of equity compensation (RSUs), not an open-market purchase or sale. The filing shows the RSUs were converted into ADSs rather than sold immediately; no cashless sale or market transaction is reported in this filing. Such vesting events are routine forms of compensation and do not by themselves indicate a change in the insider’s market view.