4Filed Aug 24, 8:00 PM ET
Alibaba (BABA) Director Joe Tsai Buys 720,000 Shares
$BABA · Alibaba Group Holding LtdResearch Summary
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Alibaba (BABA) Director Joe Tsai Buys 720,000 Shares
What Happened Joe Tsai, a director of Alibaba Group Holding Ltd (BABA), reported an acquisition of 720,000 ordinary shares on 2026-08-25. The shares were acquired at $14.47 per share for a total reported value of $10,418,400. The transaction is reported as a purchase (code P) — a buy rather than a sale.
Key Details
- Transaction date: 2026-08-25; Transaction type: Purchase (P) — open-market or private purchase as reported.
- Price and value: 720,000 shares at $14.47 each; total $10,418,400.
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: Report notes a currency conversion (HK$7.8412 = US$1.00) used for reported amounts.
- Remarks: The filing excludes ordinary shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited; the reporting person disclaims any pecuniary interest in those shares for Section 16 purposes.
- Timeliness: Filing and period of report are both dated 2026-08-25 (no late filing indicated).
Context This was a straight purchase (no option exercise, award, gift, or withholding event). Purchases by directors are often watched by investors as a potential positive signal, but the filing itself is purely factual and does not state a motive. For full details, refer to the Form 4 (Accession No. 0001193125-26-364044).