Wu Maggie Wei 4

What Happened
Wu Maggie Wei, a director of Alibaba Group Holding Ltd (BABA), had restricted share units (RSUs) that vested and were settled into American Depositary Shares (ADSs) on Apr 1, 2026. The Form 4 reports conversion/exercise of derivatives (transaction code M) totaling 40,808 ordinary shares, which equals 5,101 ADSs (each ADS = 8 ordinary shares). The filings show $0 proceeds — this was a vesting/settlement event (not an open-market sale or cash purchase).

Key Details

• Transaction date: Apr 1, 2026; Form 4 filed Apr 3, 2026 (filed within the typical 2-business-day window).
• Reported derivative conversions: 33,344 and 7,464 ordinary shares (total 40,808 ordinary shares) — shown as acquired and as disposed at $0 (reflecting settlement of RSUs into ADSs).
• ADSs received: 40,808 ÷ 8 = 5,101 ADSs.
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes:
  • F1/F2: These amounts represent ordinary shares underlying ADSs settled on vesting; each ADS = 8 ordinary shares.
  • F3: An award granted in ADS form (from Apr 1, 2021) fully vested as of Apr 1, 2026.
  • F4: Another RSU award (granted beginning Apr 1, 2022) still has an outstanding unvested portion per the footnote.
• No 10b5-1 plan, tax-withholding sale, or late filing was indicated in the provided data.

Context

• This is a routine RSU vesting/settlement event (derivative conversion), not an open-market buy or sale; $0 proceeds reflect settlement rather than a sale.
• For retail investors, vesting events increase insider-held shares but do not necessarily signal a change in the director’s view; they are often scheduled compensation events.