Yu Siying 4
4 · Alibaba Group Holding Ltd · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Alibaba (BABA) GC Yu Siying Exercises RSUs and Sells Shares
What Happened
- Yu Siying, General Counsel of Alibaba Group (BABA), had restricted share units/derivative awards vest and converted into shares/ADSs on June 25, 2026, and sold a portion in the open market. The filing shows conversion/acquisition entries of 3,336; 2,667; and 7,500 shares (vest/convert) and an open-market sale of 6,772 shares at a weighted average price of $12.10 for total proceeds of $81,941.
- Several related derivative/vesting disposition entries show $0 proceeds (3,336; 2,666; 7,500), which the filing and footnotes indicate were shares withheld or sold to satisfy tax withholding obligations rather than market sales that generated cash to the reporting person.
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (filing appears late — marked L).
- Open-market sale: 6,772 shares at a weighted average $12.10; proceeds $81,941. Footnote says the sale prices were HK$94.45–95.20 and were converted to USD at HK$7.8464 = US$1.00.
- Vesting/conversion entries: 3,336; 2,667; 7,500 shares recorded as acquired via exercise/conversion of derivatives (RSU/ADS settlement).
- Withholding/tax dispositions: zero-dollar disposition entries total 3,336; 2,666; 7,500 shares — per footnotes these were withheld/sold under the issuer’s equity plan to cover taxes.
- Shares owned after the transactions: not specified in the details provided in this summary.
Context
- These transactions are routine compensation-related events: RSUs/derivative awards vested and were settled into ADSs or ordinary shares (some awards settle as ADSs; each ADS represents 8 ordinary shares per footnotes). Portions were sold in the market and portions were withheld/sold to satisfy tax withholding — effectively a cashless-type settlement for the withholding portion. Such filings commonly reflect compensation vesting and tax-covering sales rather than a directional bet by the insider.
Insider Transaction Report
Form 4
Yu Siying
General Counsel
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-06-25+3,336→ 603,839 total - Exercise/Conversion
Ordinary Shares
[F2]2026-06-25+2,667→ 606,506 total - Exercise/Conversion
Ordinary Shares
[F2]2026-06-25+7,500→ 614,006 total - Sale
Ordinary Shares
[F3][F4]2026-06-25$12.10/sh−6,772$81,941→ 607,234 total - Exercise/Conversion
Restricted Share Units
[F5][F6]2026-06-25−3,336→ 50,000 total→ Ordinary Shares (3,336 underlying) - Exercise/Conversion
Restricted Share Units
[F7][F8]2026-06-25−2,666→ 50,667 total→ Ordinary Shares (2,667 underlying) - Exercise/Conversion
Restricted Share Units
[F7][F9]2026-06-25−7,500→ 112,500 total→ Ordinary Shares (7,500 underlying)
Holdings
- 3,809,664(indirect: By Trust)
Ordinary Shares
Footnotes (9)
- [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]Reflects restricted share units that vested and settled into ordinary shares.
- [F3]Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in Hong Kong dollars ranging from 94.45 to 95.20 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8464 to US$1.00.
- [F5]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.
- [F6]Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
- [F7]Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares.
- [F8]Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments on beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
- [F9]Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments on beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
Signature
/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for Siying Yu|2026-06-29