Alibaba General Counsel Siying Yu Sells 6,764 Shares

The Hong Kong-market sale was made to satisfy tax withholding obligations tied to restricted share unit vesting.

Rhea-AI Filing Summary

Alibaba Group Holding Ltd General Counsel Siying Yu reported restricted share units vesting and settling on September 25, 2026: 3,328 ordinary shares underlying vested ADSs, plus 2,667 and 7,500 ordinary shares from awards settled directly into ordinary shares. Yu also had 6,764 ordinary shares withheld and sold in the open market in Hong Kong at a weighted average price of $13.58 per share to satisfy tax withholding obligations related to vesting; no Rule 10b5-1 plan is reported. The sale price was converted from Hong Kong dollars at HK$7.8503 to US$1.00. Yu's reported holdings included 3,809,664 ordinary shares held indirectly by trust as of September 25, 2026.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 8 txns

Insider Yu Siying

Role General Counsel

Sold 6,764 shs ($92K)

Approx. gross sale proceeds $92K

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units F5, F6	3,328	$0.00	$0.00
Exercise	Restricted Share Units F7, F8	2,667	$0.00	$0.00
Exercise	Restricted Share Units F7, F9	7,500	$0.00	$0.00
Exercise	Ordinary Shares F1	3,328	--	--
Exercise	Ordinary Shares F2	2,667	--	--
Exercise	Ordinary Shares F2	7,500	--	--
Sale	Ordinary Shares F3, F4	6,764	$13.58	$92K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Share Units — 199,672 contracts (Direct); Ordinary Shares — 613,965 shares (Direct); Ordinary Shares — 3,809,664 shares (Indirect, By trust)

Footnotes (9)

1. F1. Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting.
2. F2. Reflects restricted share units that vested and settled into ordinary shares.
3. F3. Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein.
4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in Hong Kong dollars ranging from 105.60 to 106.70 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8503 to US$1.00.
5. F5. Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award.
6. F6. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.
7. F7. Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares.
8. F8. 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. The vesting reported herein was as of Sep 25, 2026.
9. F9. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.

Key Figures

Ordinary shares underlying vested ADSs: 3,328 ordinary shares Vested ordinary shares: 2,667 ordinary shares Vested ordinary shares: 7,500 ordinary shares +3 more

6 metrics

Ordinary shares underlying vested ADSs 3,328 ordinary shares Restricted share units vested and settled on September 25, 2026

Vested ordinary shares 2,667 ordinary shares Restricted share units settled into ordinary shares on September 25, 2026

Vested ordinary shares 7,500 ordinary shares Restricted share units settled into ordinary shares on September 25, 2026

Shares withheld and sold 6,764 ordinary shares September 25, 2026; sale to satisfy tax withholding obligations

Weighted average sale price $13.58 per share Sale on September 25, 2026; reported price converted from Hong Kong dollars

Indirect shares held by trust 3,809,664 ordinary shares As of September 25, 2026

Key Terms

restricted share units, American Depositary Shares, weighted average price, tax withholding obligations

4 terms

restricted share units financial

"restricted share units that vested and settled into American Depositary Shares"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

American Depositary Shares financial

"Each ADS represents 8 ordinary shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

tax withholding obligations financial

"to satisfy tax withholding obligations related to the reporting person's vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Alibaba (BABA) shares did General Counsel Siying Yu sell, and at what price?

Siying Yu reported 6,764 ordinary shares withheld and sold on September 25, 2026, at a weighted average price of $13.58 per share. The shares were sold in the open market in Hong Kong to satisfy tax withholding obligations related to restricted share unit vesting. No Rule 10b5-1 plan is reported.

How many ordinary shares were acquired when BABA restricted share units vested?

The reported settlements included 3,328 ordinary shares underlying vested ADSs, 2,667 ordinary shares, and 7,500 ordinary shares on September 25, 2026. Each ADS represents 8 ordinary shares.

What were the vesting schedules for Siying Yu's BABA restricted share unit awards?

The ADS-form award vested in 24 equal quarterly installments beginning July 1, 2024. The ordinary-share awards vested in 24 equal quarterly installments beginning July 1, 2025, and 16 equal quarterly installments beginning June 25, 2026. Each schedule is subject to the terms and conditions of its underlying award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/29/2026 - 06:05 AM Accepted by SEC EDGAR 09/29/2026 - 06:04 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yu Siying

(Last) (First) (Middle)

26/F TOWER ONE, TIMES SQUARE

1 MATHESON STREET, CAUSEWAY BAY

(Street)

HONG KONG 00000

(City) (State) (Zip)

HONG KONG

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	09/25/2026		M		3,328	A	(1)	610,562	D
Ordinary Shares	09/25/2026		M		2,667	A	(2)	613,229	D
Ordinary Shares	09/25/2026		M		7,500	A	(2)	620,729	D
Ordinary Shares	09/25/2026		S(3)		6,764	D	$13.58(4)	613,965	D
Ordinary Shares								3,809,664	I	By trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(5)	09/25/2026		M			3,328	(6)	(6)	Ordinary Shares(5)	3,328(5)	$0	46,672(6)	D
Restricted Share Units	(7)	09/25/2026		M			2,667	(8)	(8)	Ordinary Shares(7)	2,667(7)	$0	48,000(8)	D
Restricted Share Units	(7)	09/25/2026		M			7,500	(9)	(9)	Ordinary Shares(7)	7,500(7)	$0	105,000(9)	D

Explanation of Responses:

1. Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting.

2. Reflects restricted share units that vested and settled into ordinary shares.

3. Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in Hong Kong dollars ranging from 105.60 to 106.70 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8503 to US$1.00.

5. Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award.

6. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.

7. Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares.

8. 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. The vesting reported herein was as of Sep 25, 2026.

9. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.

	/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for Siying Yu	09/29/2026
	** 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 4 (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 4: SEC 1474 (03-26)