Vipshop Holdings Ltd: Chief technology officer Li Tianmin sold 2,394 shares

What happened Li Tianmin, chief technology officer, sold 2,394 Vipshop Holdings Ltd shares at $64.06 per share on Oct 13, 2026 for $153,356. The Form 4 lists the transaction as an open market or private sale (S) and shows the shares were disposed.

Key details

• Transaction date and price: Oct 13, 2026 — 2,394 shares at $64.06 per share; proceeds $153,356.
• Transaction code: Sale (S); described as open market or private sale.
• Shares owned after the transaction: not reported in this filing.
• Footnote 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.
• Filing date and accession: filed Oct 15, 2026; accession number 0002111248-26-000004.

Why it may matter The filing shows the sale was a sell-to-cover to satisfy tax withholding related to the vesting and settlement of restricted shares. A filing does not show why the insider traded or why the company acted.