GDS Holdings Ltd: director Baharudin Zulkifli Bin received 2,030 shares

What happened The filing reports that Baharudin Zulkifli Bin, a director, received 2,030 American Depositary Shares (ADS) on Oct 15, 2026, at a price of $0 per ADS for a total of $0. Per the filing footnote, each ADS represents 8 Class A ordinary shares, equal to 16,240 Class A ordinary shares.

Key details

• Transaction date and price: Oct 15, 2026; award/grant (code A); price $0 per ADS; total $0.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 notes each ADS = 8 Class A ordinary shares; F2 states the ADSs were acquired upon settlement of restricted stock unit (RSU) awards that were fully vested immediately upon grant.
• Filing date/timeliness: filed on Oct 15, 2026; no late filing indicated in the document.

Why it may matter The filing shows an award/grant (RSU settlement) rather than a market purchase or sale. The filing does not show why the insider traded or why the company acted.