Alibaba Group director Maggie Wei Wu reported the vesting of equity awards that increased her share holdings. On Apr 1, 2026, 40,808 restricted share units vested and settled into American Depositary Shares, each representing 8 ordinary shares. These units had no exercise price and reflect compensation rather than open‑market purchases.
Following the conversions, Wu directly holds 3,654,160 ordinary shares. An additional 7,200,000 ordinary shares are held indirectly by a trust. One award that began vesting on Apr 1, 2021 is now fully vested, while another award that began vesting on Apr 1, 2022 still has unvested units outstanding.
Alibaba Group Holding Ltd Chief Executive Officer and director Wu Yongming exercised restricted share units that vested into ordinary shares. On Apr 1, 2026, 13,333 restricted share units settled into 13,333 ordinary shares at an exercise price of $0.00 per share as compensation.
Following these transactions, Wu held 973,085 ordinary shares directly and 266,667 restricted share units outstanding and unvested. Indirect holdings included 108,000 ordinary shares held by his spouse and 12,320,000 ordinary shares held by a trust.
Alibaba Group Holding Ltd’s Chief People Officer Jiang Fang reported routine equity compensation activity. On March 25, 2026, restricted share units vested and were converted into a total of 37,333 ordinary shares, including units that settled into American Depositary Shares where each ADS represents eight ordinary shares.
On the same date, 16,848 ordinary shares were sold at a weighted average price of $16.10 per share in Hong Kong to satisfy tax withholding obligations related to this vesting, as described in the footnotes. After these transactions, Jiang Fang held 5,554,653 ordinary shares directly and additional ordinary shares indirectly through a trust.
Alibaba Group Holding Ltd Chief Financial Officer Xu Hong reported routine equity compensation activity. On March 25, 2026, restricted share units vested and were exercised into a total of 121,000 ordinary shares, including units that settled into American Depositary Shares and ordinary shares.
On the same date, 54,450 ordinary shares were sold at a weighted average price of $16.07 per share, with the filing stating the sales were made in Hong Kong to satisfy tax withholding obligations related to the RSU vesting. After these transactions, Xu Hong holds 66,550 ordinary shares directly and 657,570 ordinary shares indirectly through a trust, while additional RSU awards remain unvested and continue on their scheduled vesting timelines.
Alibaba Group Holding Ltd General Counsel Siying Yu reported routine equity compensation activity involving restricted share units and ordinary shares. On Mar 25, 2026, Yu exercised or vested derivative awards covering 47,610 ordinary shares, converting restricted share units into American Depositary Shares and ordinary shares under existing equity awards.
The filing also reports a sale of 21,472 ordinary shares at a weighted average price of $16.06 per share, with individual trades executed in Hong Kong dollars between HK$125 and HK$128.7 and converted at HK$7.8274 to $1.00. According to the disclosure, these shares were sold in the open market in Hong Kong to satisfy tax withholding obligations related to the vesting of restricted share units. After these transactions, Yu directly holds 600,503 ordinary shares and indirectly holds 3,809,664 ordinary shares through a trust.
Alibaba Group Holding Limited reported that its board granted Awards involving 5,902,553 underlying shares on March 21, 2026 under its 2024 Equity Incentive Plan. These awards represent approximately 0.03% of total shares in issue (excluding treasury shares) and were granted to certain employees.
The Awards have a purchase price of nil and were granted without performance targets. They carry mixed vesting schedules over up to four years, with some vesting within 12 months. The closing price of the shares on the grant date was HK$123.70 per share.
Following this grant, up to 398,706,291 shares remain available for future grants under the 2024 Plan, including 93,716,369 shares under the service provider sub-limit. Awards may be satisfied by issuing new shares or using treasury shares and are subject to a detailed clawback mechanism.
Alibaba Group reported mixed results for the quarter ended December 31, 2025. Revenue inched up 2% year-over-year to RMB284,843 million (US$40,732 million), or 9% growth excluding disposed Sun Art and Intime businesses. Growth was driven by a 36% revenue increase in Cloud Intelligence Group to RMB43,284 million and a 56% jump in quick commerce revenue to RMB20,842 million, helped by the rollout and rebranding of Taobao Instant Commerce.
Profitability weakened sharply as Alibaba stepped up spending on quick commerce, user experience and technology. Adjusted EBITA fell 57% to RMB23,397 million, income from operations dropped 74% to RMB10,645 million, and net income declined 66% to RMB15,631 million. Non-GAAP net income also decreased 67% to RMB16,710 million. Diluted earnings per share fell to RMB0.74 (US$0.11) from RMB2.55, and free cash flow dropped 71% to RMB11,346 million. Higher sales and marketing expenses, rising logistics and bandwidth costs, and increased goodwill impairment in the All others segment weighed on margins, even as AI- and cloud-related businesses and the Qwen model and app ecosystem scaled rapidly.
Alibaba Group Holding Ltd president J. Michael Evans has filed an initial Form 3 showing his equity awards in the company. He reports several unvested restricted share unit awards granted in the form of ADSs, representing underlying ordinary shares of 12,000, 80,000, 640,000 and 32,000 ordinary shares, each tied to specific multi‑year vesting schedules beginning between April 1, 2023 and April 1, 2025. He also reports option awards in ADS form over 8,000,000 and 1,200,000 ordinary shares, with exercise prices of US$79.96 and US$84.60 per ADS and expirations on July 31, 2027 and May 13, 2032. Each restricted unit represents one ADS, and each ADS represents eight ordinary shares, so these figures reflect the ordinary shares underlying his awards.
Alibaba Group Holding Ltd General Counsel Yu Siying filed an initial ownership report showing her equity stake in the company. The filing lists direct holdings of 574,365 ordinary shares and an additional 3,809,664 ordinary shares held indirectly by a trust.
The report also details several unvested restricted share unit (RSU) awards. These RSUs relate to underlying ordinary shares in amounts of 25,336, 11,200, 42,672, 56,672, and 56,000 shares, vesting over multi-year schedules starting between Apr 1, 2021 and Jul 1, 2025 under their respective award agreements.
Alibaba Group Holding Ltd Chief Financial Officer Xu Hong filed an initial ownership report on Form 3. The filing lists multiple unvested restricted share unit (RSU) awards tied to Alibaba ordinary shares, some granted in the form of American Depositary Shares (ADSs) and others in ordinary shares.
Each RSU represents a contingent right to receive either one ADS, with each ADS representing 8 ordinary shares, or one ordinary share, depending on the award. The RSUs vest over multi‑year schedules, including annual and quarterly installments beginning on Apr 1, 2023, Apr 1, 2024, Jul 1, 2024, Aug 14, 2025, Jul 1, 2025 and Sep 25, 2026, subject to the terms and conditions of the underlying award agreements. The filing also shows 657,570 ordinary shares held indirectly by a trust.