Jiang Fan (FJ) 4

What Happened Jiang Fan, Chief Executive Officer of Alibaba’s E‑commerce Business Group, was granted 248,000 restricted share units (RSUs) on May 29, 2026. The Form 4 lists this as an award/derivative transaction (code A) at $0.00 per unit (no cash paid at grant). The filing shows these are contingent rights to receive ordinary shares in the future rather than immediate share purchases.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the required two business‑day window).
• Amount: 248,000 restricted share units (RSUs); price per unit reported as $0.00 (award).
• Classification: Derivative award (each RSU represents a contingent right to one ordinary share) — see footnote F1.
• Vesting: Outstanding unvested portion vests in sixteen equal quarterly installments beginning June 25, 2026 (footnote F2).
• Shares owned after transaction: Not specified in the reported Form 4.
• Remarks: Transaction tied to executive compensation (title noted as Chief Executive Officer, Alibaba E‑commerce Business Group).

Context Restricted share units are a common form of executive compensation: no shares are issued immediately and no cash changed hands at grant. RSUs convert to actual shares only as they vest per the schedule; sales or other dispositions would be reported separately when they occur. This award is informational about compensation and potential future share issuance rather than a direct buy or sell signal.