Alibaba (BABA) CFO Xu Hong Receives 160,000-Share Award

What Happened

• Xu Hong, Chief Financial Officer of Alibaba Group Holding Ltd (BABA), received an award of 160,000 restricted share units (RSUs) on May 29, 2026. The Form 4 reports the acquisition price as $0.00, reflecting a compensation grant (derivative award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-29; transaction type/code: A (award/grant).
• Quantity and price: 160,000 RSUs at $0.00 (no cash paid).
• Vesting: The RSUs represent contingent rights to ordinary shares and vest in 16 equal quarterly installments beginning June 25, 2026 (i.e., the outstanding unvested portion of the award).
• Shares owned after transaction: not specified in the filing.
• Filing: Form 4 filed 2026-06-02 (timely — within two business days of the transaction).

Context

• These RSUs are derivative awards: they do not convert into actual shares until they vest and any tax withholding is satisfied. Such grants are typically compensation/retention awards and do not, by themselves, signal an insider buying or selling stock.