Alibaba Fang Jiang sells 885,272 ordinary shares

The reported average reflects several Hong Kong-dollar transactions converted to U.S. dollars at the stated exchange rate.

Rhea-AI Filing Summary

Alibaba Group Holding Ltd (BABA) Chief People Officer Fang Jiang sold 885,272 ordinary shares on September 30, 2026, at a reported weighted average price of $13.5500 per share. The shares were sold in multiple transactions at HK$105.70 to HK$107.00 inclusive, converted at HK$7.84593 to US$1.00; no Rule 10b5-1 plan is reported. Afterward, Fang Jiang directly held 4,679,097 ordinary shares and indirectly held 23,116,864 ordinary shares by trust.

Insider Trade Summary

Net Seller: 885,272 shares

Net Sell 2 txns

Insider Jiang Fang

Role Chief People Officer

Sold 885,272 shs ($12.00M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F1	885,272	$13.55	$12.00M
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 4,679,097 shares (Direct); Ordinary Shares — 23,116,864 shares (Indirect, By trust)

Footnotes (1)

1. F1. 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 105.70 to 107.00 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$7.84593 to US$1.00.

Key Figures

Ordinary shares sold: 885,272 shares Reported weighted average sale price: $13.5500 per share Transaction price range: HK$105.70 to HK$107.00 per share +3 more

6 metrics

Ordinary shares sold 885,272 shares September 30, 2026

Reported weighted average sale price $13.5500 per share Sale on September 30, 2026

Transaction price range HK$105.70 to HK$107.00 per share Multiple transactions; inclusive range

Currency conversion price HK$7.84593 to US$1.00 Conversion used for the reported sale prices

Direct ordinary shares held 4,679,097 shares Following the sale on September 30, 2026

Indirect ordinary shares held by trust 23,116,864 shares September 30, 2026

Key Terms

weighted average price, conversion price, Ordinary Shares

3 terms

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.

conversion price financial

"converted from Hong Kong dollars to United States dollars at a conversion price"

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

Ordinary Shares financial

"Ordinary Shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

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

How many BABA shares did Fang Jiang sell, and at what price?

Fang Jiang, Alibaba Group Holding Ltd's Chief People Officer, sold 885,272 ordinary shares on September 30, 2026, at a reported weighted average price of $13.5500 per share. The shares were sold in multiple transactions at HK$105.70 to HK$107.00 inclusive and converted at HK$7.84593 to US$1.00. No Rule 10b5-1 plan is reported.

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

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Available on EDGAR 10/02/2026 - 06:05 AM Accepted by SEC EDGAR 10/02/2026 - 06:01 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^*

Jiang Fang

(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)
	Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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	09/30/2026		S		885,272	D	$13.55(1)	4,679,097	D
Ordinary Shares								23,116,864	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

Explanation of Responses:

1. 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 105.70 to 107.00 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$7.84593 to US$1.00.

	/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for Fang Jiang	10/02/2026
	** 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)