GDS Holdings Ltd: director Ye Judy Qing received 1,540 shares

What happened Ye Judy Qing, a director, received 1,540 American Depositary Shares (ADSs) on Oct 15, 2026 at $0 per ADS, total $0. The Form 4 reports this as an award/grant (transaction code A) settled on the same date and filed Oct 15, 2026.

Key details

• Transaction date and price: Oct 15, 2026; $0.00 per share; total $0.
• Number of shares received: 1,540 ADSs.
• Shares owned after the transaction: not reported in the filing.
• Footnotes from the filing: each ADS represents eight (8) Class A ordinary shares; the acquisition reflects settlement of restricted stock unit (RSU) awards that fully vested immediately upon grant.
• Filing timeliness: the filing does not indicate it was late.

Why it may matter This was an award/settlement of RSUs into ADSs, not a market purchase or sale. The filing does not show why the insider traded or why the company acted.