GDS Holdings (NASDAQ: GDS) Rule 144 sale: 10,000 ADS for $2.35M reported
Rhea-AI Filing Summary
GDS Holdings Limited reported a sale notice under Rule 144 for $2,350,200.00 representing 10,000 ordinary shares represented by ADS, with the transaction dated 05/26/2026. The shares were acquired on 11/10/2017 under the company’s incentive plan and listed as a same day sale through Georgeson Securities Corporation on NASDAQ.
Positive
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Insights
Rule 144 notice documents a registered resale of ADS acquired under an incentive plan.
The filing lists 10,000 ordinary shares represented by ADS and an aggregate value of $2,350,200.00, dated 05/26/2026. It states the shares were acquired under the issuer's incentive plan on 11/10/2017
Timing and method show a same day sale; the filing does not state whether any volume or manner conditions applied beyond the broker and exchange listed.
Insider-related disposition of 10,000 ADS was transacted through a broker on NASDAQ.
The entry records Georgeson Securities Corporation as the broker and labels the transaction a same day sale. The filing ties the shares to an acquisition on 11/10/2017 under the incentive plan, which explains the original grant basis.
Cash-flow treatment and whether proceeds were received by the reporting person or otherwise are not stated in the excerpt; market impact is not assessed here.