Tsai Joseph C 4

What Happened

• Joseph C. Tsai, a director of Alibaba Group Holding Ltd (BABA), had restricted stock units (RSUs) vest and convert into a total of 10,833 ordinary shares on July 1, 2026 (3,333 + 7,500). The filing shows these as exercise/conversion of derivatives (Form 4 code M) with $0 cash consideration — i.e., the RSUs settled into shares rather than a cash sale. No market sale or purchase of shares was reported in this transaction.

Key Details

• Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-06 (Accession 0001193125-26-295478).
• Shares involved: 3,333 and 7,500 RSUs vested and settled (total 10,833 shares).
• Reported prices/consideration: N/A for acquisitions; $0.00 for the reported dispositions, reflecting conversion/settlement of RSUs (not a sale for proceeds).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1–F2 confirm these were RSUs that vest into one ordinary share each; F3–F4 describe the underlying award schedules (one vests in 24 quarterly installments starting Jul 1, 2025; the other in 16 quarterly installments starting Jul 1, 2026). The vesting reported was as of Jul 1, 2026.
• Other remark: The report excludes ordinary shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited; the reporting person disclaims pecuniary interest in those holdings for Section 16 purposes.

Context

• This was compensation-related vesting of RSUs (a non-cash event), not an open-market buy or sale. Such vesting is common and does not by itself indicate insider buying or selling intentions. The filing simply documents the conversion of contingent awards into ordinary shares.