Baidu (NASDAQ: BIDU) insider files to sell 50,000 ADS via option exercise
Rhea-AI Filing Summary
Baidu Inc. has a planned sale of 50,000 American Depositary Shares (ADS), to be executed through Citigroup Global Markets on the NASDAQ. The shares have an indicated aggregate market value of $6,240,000 and are part of a larger base of 2,713,000,000 ADS outstanding.
The seller acquired these 50,000 ADS on 12/29/2025 through a cashless exercise of options and vesting of restricted shares granted under the company’s 2008 and 2018 share incentive plans, with same-day cashless exercise and sale for services rendered. The planned sale is disclosed under Rule 144, which governs resales of restricted and control securities.
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FAQ
What does Baidu (BIDU) disclose in this Form 144 filing?
The notice states that an account holder plans to sell 50,000 American Depositary Shares (ADS) of Baidu Inc. on the NASDAQ under Rule 144.
How many Baidu (BIDU) ADS are planned to be sold and what is their value?
The filing covers a planned sale of 50,000 ADS with an aggregate market value of about $6,240,000 at the time of the notice.
How were the Baidu ADS being sold under this Form 144 acquired?
The 50,000 ADS were acquired on 12/29/2025 through a cashless exercise of options and vesting of restricted shares granted under Baidu’s 2008 and 2018 share incentive plans.
On which exchange are the Baidu ADS in this Form 144 expected to be sold?
The American Depositary Shares covered by this notice are expected to be sold on the NASDAQ stock market.
How many Baidu ADS were outstanding compared with the 50,000 ADS in this Form 144?
The notice reports 2,713,000,000 ADS outstanding, compared with the planned sale of 50,000 ADS under this Form 144.