Alibaba Group (NYSE: BABA) president sells 720,000 shares

Rhea-AI Filing Summary

Alibaba Group Holding Ltd president J. Michael Evans sold 720,000 Ordinary Shares in two open-market transactions. The sales occurred on June 29, 2026 at weighted average prices of $95.59 for 27,008 shares and $94.92 for 692,992 shares, in ranges from $94.455 to $95.905 per share. These transactions were conducted through a broker-dealer pursuant to Rule 144 under the Securities Act. Following the sales, Evans directly owns 55,008 Ordinary Shares of Alibaba.

Insider Trade Summary

Net Seller: 720,000 shares ($68,360,495)

Net Sell 2 txns

Insider EVANS J. MICHAEL

Role President

Sold 720,000 shs ($68.36M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	692,992	$94.92	$65.78M
Sale	Ordinary Shares	27,008	$95.59	$2.58M

Holdings After Transaction: Ordinary Shares — 55,008 shares (Direct, null)

Footnotes (1)

1. This transaction is in connection with a sale pursuant to Rule 144 of the Securities Act of 1933, as amended, through a broker-dealer. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in US dollars ranging from 94.455 to 95.45 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in US dollars ranging from 95.455 to 95.905 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.

Key Figures

Shares sold (block 1): 27,008 shares Price per share (block 1): $95.59/share Shares sold (block 2): 692,992 shares +3 more

6 metrics

Shares sold (block 1) 27,008 shares Ordinary Shares sold June 29, 2026 at $95.59 weighted average

Price per share (block 1) $95.59/share Weighted average sale price for 27,008 Ordinary Shares

Shares sold (block 2) 692,992 shares Ordinary Shares sold June 29, 2026 at $94.92 weighted average

Price per share (block 2) $94.92/share Weighted average sale price for 692,992 Ordinary Shares

Total shares sold 720,000 shares Net shares sold across two open-market transactions

Shares owned after transactions 55,008 shares Direct Ordinary Share holdings following June 29, 2026 sales

Key Terms

Rule 144, weighted average price, broker-dealer

3 terms

Rule 144 regulatory

"This transaction is in connection with a sale pursuant to Rule 144 of the Securities Act of 1933"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

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.

broker-dealer financial

"sale pursuant to Rule 144 of the Securities Act of 1933, as amended, through a broker-dealer."

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 06:06 AM Accepted by SEC EDGAR 07/01/2026 - 06:02 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^*

EVANS J. MICHAEL

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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	06/29/2026		S(1)		692,992	D	$94.92(2)	55,008	D
Ordinary Shares	06/29/2026		S(1)		27,008	D	$95.59(3)	28,000	D

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

Explanation of Responses:

1. This transaction is in connection with a sale pursuant to Rule 144 of the Securities Act of 1933, as amended, through a broker-dealer.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in US dollars ranging from 94.455 to 95.45 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in US dollars ranging from 95.455 to 95.905 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.

	/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for J. Michael Evans	07/01/2026
	** 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)

FAQ

What did Alibaba (BABA) president J. Michael Evans report in this Form 4?

J. Michael Evans reported selling a total of 720,000 Alibaba Ordinary Shares in open-market transactions. The trades were executed on June 29, 2026 at weighted average prices near $95 per share and were conducted through a broker-dealer under Rule 144.

How many Alibaba (BABA) shares did J. Michael Evans sell and at what prices?

He sold 27,008 Ordinary Shares at a weighted average price of $95.59 and 692,992 Ordinary Shares at $94.92. Footnotes explain each block included multiple trades within price ranges of $94.455–$95.45 and $95.455–$95.905, respectively.

How many Alibaba (BABA) shares does J. Michael Evans hold after these sales?

After the reported transactions, J. Michael Evans directly owns 55,008 Ordinary Shares of Alibaba Group Holding Ltd. This figure reflects his remaining direct holdings following the combined open-market sale of 720,000 Ordinary Shares disclosed in the Form 4 filing.

Were J. Michael Evans’ Alibaba share sales under Rule 144 or a trading plan?

The filing states the sales were made pursuant to Rule 144 of the Securities Act through a broker-dealer. The footnotes reference Rule 144 but do not mention a Rule 10b5-1 trading plan, focusing instead on the legal resale framework and execution method.

What is notable about the pricing of J. Michael Evans’ Alibaba share sales?

Both reported prices are weighted averages for multiple trades. One block ranged from $94.455 to $95.45, and the other from $95.455 to $95.905. Evans undertook to provide detailed trade-by-trade pricing information to interested parties upon request.