Joseph Tsai (NYSE: BABA) discloses major Alibaba share and RSU holdings

Rhea-AI Filing Summary

Alibaba Group Holding Ltd director Joseph C. Tsai filed an initial ownership report showing his equity stake in the company. The filing lists 70,000 restricted share units, each representing one ordinary share, that vest in twenty-four equal quarterly installments beginning on Jul 1, 2025, subject to the award terms.

He also reports 811,072 ordinary shares held directly, 1,280,000 ordinary shares held indirectly through his spouse, and 113,539,168 ordinary shares held indirectly through a corporation. This Form 3 does not reflect new purchases or sales, but rather his existing holdings as he becomes a reporting insider.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Tsai Joseph C

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Shares Units	--	--	--
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Shares Units — 70,000 shares (Direct); Ordinary Shares — 811,072 shares (Direct); Ordinary Shares — 1,280,000 shares (Indirect, By spouse)

Footnotes (1)

1. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. Each restricted share unit represents a contingent right to receive one ordinary share.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Tsai Joseph C

(Last) (First) (Middle)

26/F TOWER ONE, TIMES SQUARE

1 MATHESON STREET

(Street)

CAUSEWAY BAY

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Alibaba Group Holding Ltd [ BABA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	811,072	D
Ordinary Shares	1,280,000	I	By spouse
Ordinary Shares	113,539,168	I	By corporation

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares Units	(1)	(1)	Ordinary Shares(2)	70,000(1)(2)	(2)	D

Explanation of Responses:

1. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement.

2. Each restricted share unit represents a contingent right to receive one ordinary share.

Remarks:

This report does not include ordinary shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited, which were reported in the Issuer's annual report on Form 20-F. The Reporting Person disclaims any pecuniary interest in, or beneficial owernship over, such ordinary shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

	/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for Joseph C. Tsai	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Joseph C. Tsai’s Form 3 for Alibaba (BABA) report?

The Form 3 reports Joseph C. Tsai’s existing ownership in Alibaba. It shows direct and indirect holdings of ordinary shares plus restricted share units, establishing his baseline stake as a director and Section 16 reporting insider.

How many Alibaba (BABA) restricted share units does Joseph C. Tsai hold?

Joseph C. Tsai holds 70,000 restricted share units in Alibaba. Each unit represents a contingent right to receive one ordinary share, subject to vesting conditions and the terms of the underlying award agreement.

When do Joseph C. Tsai’s Alibaba (BABA) restricted share units vest?

The restricted share units vest in twenty-four equal quarterly installments beginning on Jul 1, 2025. Vesting is subject to the terms and conditions of the underlying award agreement governing this equity award.

What are Joseph C. Tsai’s direct Alibaba (BABA) share holdings?

The filing shows Joseph C. Tsai directly holds 811,072 ordinary shares of Alibaba. These are separate from his restricted share units and from the additional ordinary shares held indirectly through his spouse and a corporation.

What indirect Alibaba (BABA) holdings are reported for Joseph C. Tsai?

The Form 3 reports 1,280,000 ordinary shares held indirectly through his spouse and 113,539,168 ordinary shares held indirectly through a corporation. These positions are reported as indirect beneficial ownership interests associated with Tsai.

Does Joseph C. Tsai’s Alibaba (BABA) Form 3 show any recent insider trades?

The Form 3 does not show recent insider trades. It lists existing direct and indirect holdings, including ordinary shares and restricted share units, as a baseline ownership statement when he becomes a reporting insider.