Alibaba (BABA) Director Ng Kong Ping Receives 32,000-Share Award

What Happened

• Ng Kong Ping, a director of Alibaba Group Holding Ltd (BABA), acquired 32,000 ordinary shares on September 23, 2026 pursuant to an award of restricted stock units (RSUs). The filing records a transaction price of $0.00 (award/vest), i.e., no cash was paid for these shares. The RSUs were granted and fully vested on Sept 23, 2026 under the applicable award agreement.

Key Details

• Transaction date: 2026-09-23 (reported on Form 4 filed 2026-09-25 — timely within the Form 4 filing window).
• Reported transaction: A (Award/Grant) — 32,000 ordinary shares acquired at $0.00 (total reported cash value $0).
• ADS equivalence: The footnote states the RSUs are in the form of American Depositary Shares (ADSs), with each ADS representing 8 ordinary shares — 32,000 ordinary shares = 4,000 ADSs.
• Shares owned after transaction: Not reported in the supplied filing data.
• Notable footnote: RSUs were both granted and fully vested on the transaction date, subject to the underlying award agreement. No 10b5-1 plan, tax-withholding sale, or disposition was indicated in the provided information.

Context

• This was an equity award that vested (an acquisition on paper) rather than an open-market purchase or sale. Such vested awards are common compensation events for insiders and do not by themselves signal a buy or sell decision. Because the filing was made within the typical two-business-day Form 4 window, it appears to be timely.