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Baidu, Inc. (NASDAQ: BIDU) files notice to sell 15,323 ADS on 05/20/2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Baidu, Inc. filed a Form 144 reporting the proposed sale of 15,323 American Depository Shares on 05/20/2026. The notice references vesting restricted shares granted under the company 2018 Share Incentive Plan and indicates same day cashless exercise and sale services rendered.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notice lists a sale of 15,323 ADS via a same‑day cashless exercise.

The filing records 15,323 American Depository Shares associated with vesting restricted shares under the 2018 Share Incentive Plan, with the transaction date shown as 05/20/2026. The method is described as same day cashless exercise and sale services rendered, which is a common mechanics description for affiliate dispositions tied to option/RSU vesting.

Cash‑flow treatment and purchaser/financial intermediary details are not provided in the excerpt; subsequent filings or broker statements would show proceeds or execution details.

ADS to be sold 15,323 shares listed on Form 144 with date <date>05/20/2026</date>
Form type Form 144 Rule 144 notice for affiliate resale
Plan referenced 2018 Share Incentive Plan vesting restricted shares granted under this plan
Execution method Same day cashless exercise and sale described in the filing excerpt
American Depository Shares market
"AMERICAN DEPOSITORY SHARES | CITIGROUP GLOBAL MARKETS"
American depository shares are U.S.-listed securities that stand in for a foreign company’s ordinary shares, held by a U.S. bank which issues the ADS so investors can trade the foreign stock in U.S. dollars and on U.S. exchanges. Think of them like a locally wrapped version of a foreign product—easier to buy and sell at home—but they still carry risks from currency differences, foreign rules and potential limits on voting rights, so they affect access, liquidity and investment risk.
vesting restricted shares compensation
"VESTING RESTRICTED SHARES GRANTED UNDER COMPANY 2018 SHARE INCENTIVE PLAN"
same day cashless exercise transaction
"SAME DAY CASHLESS EXERCISE AND SALE SERVICES RENDERED"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Baidu's Form 144 say about the amount being sold?

The Form 144 lists 15,323 American Depository Shares as the quantity associated with the notice, reported with a transaction date of 05/20/2026. This number is presented in the filing excerpt as the shares to be sold.

What type of securities are covered in the Form 144 for BIDU?

The filing covers American Depository Shares (ADS), tied to vesting restricted shares granted under the 2018 Share Incentive Plan. The method noted is a same‑day cashless exercise and sale.

Does the Form 144 disclose how the sale will be executed?

The filing describes execution as a same day cashless exercise and sale, indicating shares from vested awards were converted and sold the same day; specific broker or proceeds details are not included in the excerpt.

When is the transaction date reported in the Form 144?

The Form 144 shows the transaction date as 05/20/2026. The date is tied to the reported ADS quantity and the same‑day cashless exercise description.