Alibaba (NYSE: BABA) director adds to 114M-share stake
Rhea-AI Filing Summary
Alibaba Group Holding Ltd (BABA) director Joseph C. Tsai, through a corporation, purchased 720,000 Ordinary Shares on 2026-08-24 at $14.29 per share, a price translated from Hong Kong dollars at HK$7.8412 to US$1.00. The shares are reported as indirectly owned by a corporation.
After this transaction, he is reported as having 114,259,168 Ordinary Shares held indirectly through a corporation, 825,238 shares held directly, and 1,280,000 shares held indirectly by his spouse. The report notes that separate holdings of Joe and Clara Tsai Foundation Limited and Parufam Limited are excluded and that he disclaims pecuniary interest in those shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 720,000 shares
Net Buy
3 txns
Insider
Tsai Joseph C
Role
Director
Bought
720,000 shs ($10.29M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 720,000 | $14.29 | $10.29M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 114,259,168 shares (Indirect, By corporation);
Ordinary Shares — 825,238 shares (Direct);
Ordinary Shares — 1,280,000 shares (Indirect, By spouse)
Footnotes (1)
- F1. 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
Ordinary Shares purchased: 720,000 shares
Purchase price per share: $14.29 per share
Indirect corporate holdings after transaction: 114,259,168 shares
+3 more
6 metrics
Ordinary Shares purchased
720,000 shares
Purchase of Alibaba Ordinary Shares on 2026-08-24
Purchase price per share
$14.29 per share
Price for 720,000 Alibaba Ordinary Shares bought on 2026-08-24
Indirect corporate holdings after transaction
114,259,168 shares
Ordinary Shares held indirectly through a corporation after 2026-08-24 purchase
Direct holdings after transaction
825,238 shares
Ordinary Shares held directly after 2026-08-24
Indirect spouse holdings after transaction
1,280,000 shares
Ordinary Shares held indirectly by spouse after 2026-08-24
FX conversion rate
HK$7.8412 to US$1.00
Rate used to convert transaction prices from Hong Kong dollars to U.S. dollars
Key Terms
Ordinary Shares, indirect, pecuniary interest, beneficial ownership, +1 more
5 terms
indirect financial
"The shares are reported as indirectly owned by a corporation"
pecuniary interest financial
"The Reporting Person disclaims any pecuniary interest in such ordinary shares"
beneficial ownership financial
"The Reporting Person disclaims any pecuniary interest in, or beneficial ownership over, such ordinary shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.