Joseph C. Tsai buys 720K Alibaba shares at $14.47

Alibaba Group Holding Ltd (BABA) director Joseph C. Tsai reported an indirect open‑market purchase of 720,000 Ordinary Shares on 2026-08-25 at $14.47 per share, with the U.S. dollar price derived using an exchange rate of HK$7.8412 to US$1.00.

Rhea-AI Filing Summary

Alibaba Group Holding Ltd (BABA) director Joseph C. Tsai reported an indirect open‑market purchase of 720,000 Ordinary Shares on 2026-08-25 at $14.47 per share, with the U.S. dollar price derived using an exchange rate of HK$7.8412 to US$1.00. After this trade, an affiliated corporation held 114,979,168 shares indirectly, while Tsai also held 825,238 shares directly and 1,280,000 shares were held indirectly by his spouse. The filing notes that additional shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited are excluded, and Tsai disclaims any pecuniary interest or beneficial ownership in those for Section 16 purposes.

Insider Trade Summary

Net Buyer: 720,000 shares

Net Buy 3 txns

Insider Tsai Joseph C

Role Director

Bought 720,000 shs ($10.42M)

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares F1	720,000	$14.47	$10.42M
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 114,979,168 shares (Indirect, By corporation); Ordinary Shares — 825,238 shares (Direct); Ordinary Shares — 1,280,000 shares (Indirect, By spouse)

Footnotes (1)

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 Ordinary Share: $14.47 per share Indirect corporate holdings after transaction: 114,979,168 shares +3 more

6 metrics

Ordinary Shares purchased 720,000 shares Indirect purchase on 2026-08-25

Purchase price per Ordinary Share $14.47 per share Price for 720,000-share acquisition on 2026-08-25

Indirect corporate holdings after transaction 114,979,168 shares Ordinary Shares held indirectly by corporation after 2026-08-25 trade

Direct holdings 825,238 shares Ordinary Shares held directly by Joseph C. Tsai as of 2026-08-25

Indirect holdings by spouse 1,280,000 shares Ordinary Shares reported as held indirectly by spouse as of 2026-08-25

FX rate used for price conversion HK$7.8412 to US$1.00 Rate used to convert share prices into U.S. dollars

Key Terms

Ordinary Shares, indirect ownership, pecuniary interest, beneficial ownership, +1 more

5 terms

Ordinary Shares financial

"The 720,000 Alibaba Ordinary Shares were acquired at a reported price"

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.

indirect ownership financial

"an affiliated corporation held 114,979,168 shares indirectly"

pecuniary interest financial

"Tsai disclaims any pecuniary interest or beneficial ownership"

beneficial ownership regulatory

"disclaims any pecuniary interest or beneficial ownership in those 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"

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

What insider transaction did Joseph C. Tsai report for BABA on this Form 4?

Joseph C. Tsai reported an indirect purchase of 720,000 Ordinary Shares of Alibaba Group Holding Ltd on 2026-08-25. The transaction was coded as a purchase in an open market or private transaction and is held through a corporation.

At what price were the Alibaba (BABA) shares acquired by Joseph C. Tsai’s affiliated corporation?

The 720,000 Alibaba Ordinary Shares were acquired at a reported price of $14.47 per share. According to the footnote, this U.S. dollar price was derived using an exchange rate of HK$7.8412 to US$1.00.

How many Alibaba (BABA) shares does Joseph C. Tsai indirectly hold after this transaction?

Following the reported purchase, an affiliated corporation associated with Joseph C. Tsai held 114,979,168 Alibaba Ordinary Shares indirectly. This figure reflects the indirect ownership position after the 720,000-share transaction on 2026-08-25.

What are Joseph C. Tsai’s direct and spouse-related holdings in Alibaba (BABA)?

In addition to indirect corporate holdings, Joseph C. Tsai reported 825,238 Ordinary Shares held directly and 1,280,000 Ordinary Shares held indirectly "by spouse" as of 2026-08-25, based on the holding entries in the Form 4.

Are foundation or other entity holdings included in Joseph C. Tsai’s reported Alibaba (BABA) ownership?

No. The remarks state that Ordinary Shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited are not included. Joseph C. Tsai disclaims any pecuniary interest or beneficial ownership in those shares for Section 16 purposes.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/25/2026 - 06:05 AM Accepted by SEC EDGAR 08/25/2026 - 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^*

Tsai Joseph C

(Last) (First) (Middle)

26/F TOWER ONE, TIMES SQUARE

1 MATHESON STREET

(Street)

CAUSEWAY BAY

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026

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	08/25/2026		P		720,000	A	$14.47(1)	114,979,168	I	By corporation
Ordinary Shares								825,238	D
Ordinary Shares								1,280,000	I	By spouse

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 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.

Remarks:

This report does not include ordinary shares held by Joe and Clara Tsai Foundation Limited and Parufam Limited, which were reported in the Issuer's annual report on Form 20-F. The Reporting Person disclaims any pecuniary interest in, or beneficial ownership over, such ordinary shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

	/s/ Kevin Jinwei Zhang, as Attorney-in-Fact for Joseph C. Tsai	08/25/2026
	** 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)