Yang Yuanqing details Baidu (BAIDF) director share and restricted grant

Rhea-AI Filing Summary

Baidu, Inc. director Yang Yuanqing reported his shareholdings as an insider. He directly holds 119,336 Class A ordinary shares and 28,728 restricted shares, each restricted share corresponding to one Class A ordinary share. The restricted shares were granted on February 6, 2026 and vest in four equal annual installments over a two-year period, subject to his continued service. The Class A ordinary shares are held in the form of American depositary shares, with each ADS representing eight Class A ordinary shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Yang Yuanqing

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Shares	--	--	--
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Restricted Shares — 28,728 shares (Direct); Class A ordinary shares — 119,336 shares (Direct)

Footnotes (1)

1. The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents eight Class A ordinary shares. Represents restricted shares granted on February 6, 2026. The restricted shares vest per annum in four equal installments over a 2-year period, starting from the first anniversary of the grant date, subject to the reporting person's continued service through the applicable vesting date. The restricted shares do not have an expiration date.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Yang Yuanqing

(Last) (First) (Middle)

NO. 10 SHANGDI 10TH STREET

(Street)

BEIJING CHINA 100085

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Baidu, Inc. [ BIDU ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares(1)	119,336	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares	(2)	(2)	Class A ordinary shares	28,728	(2)	D

Explanation of Responses:

1. The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents eight Class A ordinary shares.

2. Represents restricted shares granted on February 6, 2026. The restricted shares vest per annum in four equal installments over a 2-year period, starting from the first anniversary of the grant date, subject to the reporting person's continued service through the applicable vesting date. The restricted shares do not have an expiration date.

	/s/ Yuanqing Yang	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Baidu (BAIDF) director Yang Yuanqing report in this Form 3?

Yang Yuanqing reports his initial ownership in Baidu as a director. He holds 119,336 Class A ordinary shares and 28,728 restricted shares that convert into Class A ordinary shares, establishing his baseline equity position as an insider.

How many Baidu (BAIDF) Class A ordinary shares does Yang Yuanqing own?

Yang Yuanqing directly owns 119,336 Baidu Class A ordinary shares. These shares are reported as his direct holdings and are separate from his 28,728 restricted shares that are scheduled to vest over time, increasing his equity exposure as they vest.

What restricted share grant does Yang Yuanqing hold in Baidu (BAIDF)?

Yang Yuanqing holds 28,728 restricted shares granted on February 6, 2026. These restricted shares vest in four equal annual installments over a two-year period, contingent on his continued service, and each corresponds to one Baidu Class A ordinary share when vested.

How do Yang Yuanqing’s Baidu (BAIDF) restricted shares vest over time?

The 28,728 restricted shares vest per annum in four equal installments over a two-year period. Vesting begins on the first anniversary of the February 6, 2026 grant date, provided Yang Yuanqing continues to serve through each applicable vesting date.

In what form are Baidu (BAIDF) Class A ordinary shares held by Yang Yuanqing?

Yang Yuanqing’s Baidu Class A ordinary shares are held as American depositary shares. Each American depositary share represents eight Class A ordinary shares, providing a U.S.-traded instrument that mirrors ownership in the underlying Baidu Class A ordinary equity.

Does this Baidu (BAIDF) Form 3 show Yang Yuanqing buying or selling shares?

This filing does not report any buy or sell transactions. It records Yang Yuanqing’s existing holdings: 119,336 Class A ordinary shares and 28,728 restricted shares, serving as his initial ownership statement as a Baidu director rather than a record of trading activity.