Alibaba CEO buys 350,000 shares at $14.24
Alibaba Group Holding Ltd (BABA) reported that Chief Executive Officer and director Wu Yongming purchased 350,000 Ordinary Shares on 2026-08-24 in an open-market or private transaction.
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Rhea-AI Filing Summary
Alibaba Group Holding Ltd (BABA) reported that Chief Executive Officer and director Wu Yongming purchased 350,000 Ordinary Shares on 2026-08-24 in an open-market or private transaction. The weighted average purchase price was $14.24 per share, based on multiple trades executed in Hong Kong dollars between HK$110.70 and HK$112.40 and converted at HK$7.8412 to US$1.00.
Following this transaction, Wu directly held 1,364,418 Ordinary Shares. In addition, the filing reports 108,000 Ordinary Shares held indirectly by his spouse and 12,320,000 Ordinary Shares held indirectly by a trust.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 350,000 | $14.24 | $4.98M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices denominated in Hong Kong dollars ranging from 110.70 to 112.40 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$7.8412 to US$1.00.
Key Figures
Key Terms
weighted average price financial
indirect financial
nature of ownership financial
FAQ
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What insider transaction did BABA CEO Wu Yongming report on this Form 4?
Was Wu Yongming’s BABA trade under a Rule 10b5-1 trading plan?
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