EVANS J. MICHAEL 4
4 · Alibaba Group Holding Ltd · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Alibaba (BABA) President Evans J. Michael Receives 748,000 Shares
What Happened
- Evans J. Michael, President and Director of Alibaba Group Holding Ltd (BABA), had restricted share units (RSUs) vest on Apr 1, 2026 that converted into 748,000 ordinary shares underlying American Depositary Shares (ADSs). Each ADS represents 8 ordinary shares, so this equals 93,500 ADSs.
- The Form 4 lists these as derivative conversions (transaction code M). Matching disposition entries show the same 748,000 shares reported as disposed at $0.00, indicating shares were withheld/retained for settlement or tax withholding rather than sold for cash. No cash proceeds were reported.
Key Details
- Transaction date: Apr 1, 2026; Form filed: Apr 3, 2026 (filed within typical two-business-day window).
- Shares acquired (ordinary shares underlying ADSs): 12,000 + 16,000 + 640,000 + 80,000 = 748,000 (≈93,500 ADSs). Disposed: same amounts at $0.00.
- Price/Proceeds: Acquisitions reported as N/A; dispositions reported at $0.00 (no cash received).
- Footnotes: RSU awards converted to ADSs (each ADS = 8 ordinary shares). Several awards vested/settled as of Apr 1, 2026 (some were a multi‑year grant that fully vested this date; one award still has an outstanding unvested portion per filing).
- Shares owned after transaction: not specified in the provided filing excerpts.
Context
- Code M indicates exercise or conversion of a derivative security (here, RSUs converting to ADSs). The simultaneous $0.00 dispositions are consistent with net settlement/withholding for taxes or other withholding procedures—not open-market sales.
- This is an award/vesting event (not a purchase/sale in the open market), so it reflects compensation vesting rather than an expressed buy/sell market sentiment.
Insider Transaction Report
Form 4
EVANS J. MICHAEL
DirectorPresident
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-04-01+12,000→ 12,000 total - Exercise/Conversion
Ordinary Shares
[F1]2026-04-01+16,000→ 28,000 total - Exercise/Conversion
Ordinary Shares
[F1]2026-04-01+640,000→ 668,000 total - Exercise/Conversion
Ordinary Shares
[F1]2026-04-01+80,000→ 748,000 total - Exercise/Conversion
Restricted Share Units
[F2][F3]2026-04-01−12,000→ 0 total→ Ordinary Shares (12,000 underlying) - Exercise/Conversion
Restricted Share Units
[F2][F4]2026-04-01−80,000→ 0 total→ Ordinary Shares (80,000 underlying) - Exercise/Conversion
Restricted Share Units
[F2][F5]2026-04-01−640,000→ 0 total→ Ordinary Shares (640,000 underlying) - Exercise/Conversion
Restricted Share Units
[F2][F6]2026-04-01−16,000→ 16,000 total→ Ordinary Shares (16,000 underlying)
Footnotes (6)
- [F1]Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting.
- [F2]Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award.
- [F3]The restricted share unit award granted in the form of ADSs that vests in four equal annual installments beginning on Apr 1, 2023, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Apr 1, 2026. This award has fully vested.
- [F4]The restricted share unit award granted in the form of ADSs that vests in full on Apr 1, 2026, subject to the terms and conditions of the underlying award agreement. This award has fully vested.
- [F5]The restricted share unit award granted in the form of ADSs, that vests in two equal annual installments beginning on Apr 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Apr 1, 2026. This award has fully vested.
- [F6]Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in four equal annual installments beginning on Apr 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Apr 1, 2026.
Signature
/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for J. Michael Evans|2026-04-03