Yang Donghao 4
4 · Vipshop Holdings Ltd · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Vipshop (VIPS) Director Yang Donghao Sells 397 Shares
What Happened
Yang Donghao, a director of Vipshop Holdings Ltd (VIPS), disposed of 397 shares on 2026-06-09 at $69.30 per share, for proceeds of approximately $27,512. The filing identifies the sale as a sell-to-cover transaction related to tax withholding on vested restricted shares — a routine administrative sale rather than an open-market investment decision.
Key Details
- Transaction date: 2026-06-09; Price: $69.30 per share; Shares sold: 397; Total proceeds: ~$27,512.
- Transaction type: Sale (sell-to-cover) to satisfy tax withholding obligations in connection with vesting/settlement of restricted shares (Footnote F1).
- Filing date: 2026-06-11 (filed within the typical two-business-day Form 4 window).
- Shares owned after transaction: Not specified in the provided filing.
- No 10b5-1 plan or other trading plan is indicated in the filing.
Context: Sell-to-cover transactions are common when restricted stock vests and taxes are due; they typically reflect tax-related administrative sales rather than a director signaling a view on the company’s prospects.
Insider Transaction Report
Form 4
Yang Donghao
Director
Transactions
- Sale
Class A ordinary shares
[F1]2026-06-09$69.30/sh−397$27,512→ 73,182 total
Holdings
- 172,000(indirect: By Crown Harvest Enterprise Ltd., a controlled corporation of the reporting person.)
Class A ordinary shares
Footnotes (1)
- [F1]The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of restricted shares.
Signature
/s/ Donghao Yang|2026-06-11