Alibaba (BABA) Director Shan Weijian Receives Restricted Stock Award

What Happened Shan Weijian, a director of Alibaba Group Holding Ltd (BABA), acquired 32,000 ordinary shares on Sep 23, 2026 pursuant to a grant of restricted stock units (RSUs) that vested the same day. The Form 4 records the acquisition price as $0.00 because the shares were issued under an award (not a market purchase or sale).

Key Details

• Transaction type: Award/Grant (code A) — RSUs vested and converted to shares.
• Transaction date: 2026-09-23; Form filed: 2026-09-25 (timely filing).
• Shares acquired: 32,000 ordinary shares, which equals 4,000 American Depositary Shares (ADSs) because each ADS represents 8 ordinary shares.
• Price reported on Form 4: $0.00 (reflects award issuance, not cash purchase).
• Footnote: RSUs were granted and fully vested on Sep 23, 2026, subject to the underlying award agreement.
• Shares owned after the transaction: Not reported in the details provided in this summary.

Context This was an award/vesting event (not an open-market purchase or sale). Awarded and vested RSUs often reflect compensation or board compensation practices and do not, by themselves, indicate the insider’s view on the stock’s near-term prospects. No sale or cashless exercise was reported in this filing.